568: BiggerNews February: Analyst Who Predicted '07 Crash Sees "Yellow Flags" w/ Ivy Zelman 01:08:44

    <p><a href="https://www.biggerpockets.com/blog/the-housing-market-price-growth-in-2021-presents-challenges-to-americas-future">The <strong>housing market</strong></a> is an evolving beast that almost no one can accurately map. With so many investors on opposite sides of the fence when it comes to <strong>housing market crashes and corrections</strong>, it’s nice to hear the thoughts of someone who has accurately predicted past crashes. We’re honored to have<strong> Ivy Zelman</strong> from <a href="https://www.zelmanassociates.com/">Zelman &amp; Associates</a> on today to discuss the modern housing market, <a href="https://www.biggerpockets.com/blog/pandemic-fueled-supply-chain-woes"><strong>supply chain shortages</strong></a>, and <a href="https://www.biggerpockets.com/blog/is-housing-in-a-dangerous-bubble"><strong>overbuilding</strong></a><strong> problems</strong>.</p><p><strong>Zelman accurately predicted the 2007 housing market crash</strong> and has been on the front line of analysis and forecasting when it comes to all things housing market-related. She’s seen the data firsthand and has a broad understanding of <strong>which factors specifically impact prices</strong>, demand, and overall availability. <a href="https://www.biggerpockets.com/users/davidgreene24"><strong>David Greene</strong></a> and <a href="https://www.biggerpockets.com/users/davem27"><strong>Dave Meyer</strong></a> take some time to ask her the top-of-mind questions that investors and <a href="https://www.biggerpockets.com/guides/first-time-home-buyer">first-time homebuyers</a> want answered.</p><p>If you’re planning on <a href="https://www.biggerpockets.com/blog/reasons-stop-buying-real-estate"><strong>purchasing real estate</strong></a><strong> in the next year or two</strong>, it may be best to get Zelman’s opinion before putting in your offer. She’s <strong>seeing multiple “yellow flags”</strong> that may signal stark changes within the housing market, either allowing you to scoop up better deals in the near future or at least mitigate loss when buying at these<strong> record-high prices</strong>.</p><p><strong>In This Episode We Cover:</strong></p><p>The similarities between the<strong> 2007 housing market </strong>and today’s housing market</p><p><strong>Affordability</strong> and how it greatly impacts both buying and selling behavior</p><p><strong>The “overbuilding problem” </strong>we’re seeing with many multifamily developers</p><p>Supply chain problems, labor shortages, and other<strong> factors impacting </strong><a href="https://www.biggerpockets.com/blog/2015-02-20-important-considerations-construction"><strong>new construction</strong></a></p><p>Who should (and should not) <strong>buy real estate over the next couple of years</strong></p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.biggerpockets.com/careers">BiggerPockets Jobs</a></p><p><a href="https://www.youtube.com/channel/UCVWDbXqQ8cupuVpotWNt2eg">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.nar.realtor/">National Association of Realtors</a> (NAR)</p><p><a href="https://www.zelmanassociates.com/research/reports/2021/08/cradle-to-grave-let-s-face-it,-we-have-a-people-pr">Cradle to Grave by Zelman &amp; Associates</a></p><p><a href="https://www.zillow.com/">Zillow</a></p><p>Listen to the full episode: https://www.biggerpockets.com/show568</p>
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