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Real Estate Predictions 2021 with Daryl Fairweather, PhD, Redfin #ddre27

Join us Thursday, December 31 at 9 am PDT for the YouTube Premiere of this episode of the Data Driven Real Estate Podcast and chat along with the PropertyRadar team: https://bit.ly/ddre-premier

Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-27

Daryl Fairweather is the chief economist of Redfin. Prior to joining Redfin, she was a senior economist at Amazon working on problems related to employee engagement and managing a team of analysts. During the housing crisis, Daryl worked as a researcher at the Boston Fed studying why homeowners entered foreclosure. Daryl received her Bachelor’s of Science from the Massachusetts Institute of Technology and received her Ph.D. and Master’s degrees in economics at the University of Chicago where she specialized in behavioral economics. Daryl Fairweather is the chief economist of Redfin. Prior to joining Redfin, she was a senior economist at Amazon working on problems related to employee engagement and managing a team of analysts. During the housing crisis, Daryl worked as a researcher at the Boston Fed studying why homeowners entered foreclosure. This week, we cover migration trends, what buyers are looking for in a new city, which pandemic real estate trends (like work from home) are here to stay, and what real estate professionals should know about trends in 2021.

Main Topics/Questions:

  • What keeps you excited about real estate?
  • What is behavior economics and how have you used your specialty in your career?
  • What has surprised you about the real estate marketing in 2020?
  • What behaviors will be sticky? Education and working remote?
  • Median prices appear to be climbing in most US markets, is it sustainable?
  • Will buyers remorse kick in 12 months from now?
  • What are some demographics trends that you’re watching and their impacts on real estate?
  • Do we have a sense of what makes a great city? As people are rethinking where they live, is it a function of space? Proximity to family? Any data on buyer priorities?
  • What are some of the things you wish you had data on?
  • Demographic behaviors in Z and Y and has the predictions been true that Z is getting in sooner
  • What are other demographic trends?
  • 2021 predictions?

Links