An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Sessions from HousingWire Annual 2021 are going to be virtually streamed on October 25. Register now for FREE to tune into what housing industry leaders had to say this year!

How Freddie Mac is addressing affordable housing challenges

Freddie Mac is focused on addressing limited access to credit, housing inequalities, creation and preservation of affordable housing supply and advancement of homeownership education.

A NAR board member tells (almost) all

For this week’s Houses in Motion, a miniseries that is part of HousingWire Daily, we spoke with Lisa Dunn about the pressing issues in real estate, including disclosure of agent commission.

CoronavirusReal Estate

How the coronavirus will impact U.S. home prices

Some are saying we may see a collapse in home prices – Does this theory hold up?

In these unprecedented times, I find myself reflecting on Rod Serling’s Twilight Zone monologue on travel into an uncharted dimension, “Beyond that which is known to man…It is the middle ground between light and shadow, between science and superstition, and it lies between the pit of man’s fears and the summit of his knowledge.” 

Logan Mohtashami
Logan Mohtashami,
Columnist

We are indeed in a land somewhere between science and superstition, between our fears and the inadequate summit of our current knowledge. 

When I am faced with navigating unfamiliar terrain, I tend to fall back on the tried and true method of setting bearings, establishing anchor points in the current environment then projecting a course based on personal experience and/or historical references. 

As a thought experiment, I applied this approach to making predictions regarding the effect of the coronavirus pandemic on U.S. home prices.

My working hypothesis for this experiment, to be proven or disproven, is this: One of the economic consequences of COVID-19 will be the collapse of U.S. home prices.

Set Your Bearings:

Before we start making predictions, let’s first set our bearings by reviewing the state of the housing market prior to the encroachment of the pandemic onto American soil.

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