logo
episode-header-image
Jan 2024
28m 51s

It’s a rough housing market out there, f...

MARKETPLACE
About this episode

A drop in preowned home sales in December was the cherry on top of the worst year for the U.S. housing market since 1995. We’ll get into the causes of the slump and what it would take for the housing market to get back on track. And, a tax deal that would expand the child tax credit is gaining momentum. Then, we’ll play a round of Half Full/Half Empty!

Here’s everything we talked about today:

We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Up next
Mar 2024
Will safety issues at Boeing seriously impact air travel?
Consumer trust in Boeing is wearing thin since an airplane door ripped off a 737 Max 9 in January, which has been followed by a string of other recent Boeing safety incidents. So how much does faltering trust actually impact the business of air travel? Plus, President Joe Biden w ... Show More
8m 36s
Mar 2024
China’s National People’s Congress comes to a close
From the BBC World Service: China’s annual policy meeting has drawn to a close at a time when the country has mountains of debt, high youth unemployment and a property sector in crisis. So what is the government’s plan to boost confidence and steady the economy? Also on today’s p ... Show More
7m 44s
Mar 2024
AI can’t handle the truth when it comes to the law
Almost one in five lawyers are using AI, according to an American Bar Association survey. But there are a growing number of legal horror stories involving tools like ChatGPT, because chatbots have a tendency to make stuff up — such as legal precedents from cases that never happen ... Show More
9m 50s
Recommended Episodes
Jun 2024
Less is not always more in economic data
It’s Friday, folks! Today we’re talking about some news coming from former President Donald Trump, who has vowed to take away key spending powers from Congress if reelected. We’ll get into what that would mean in practice. Plus, we’ll talk through the latest from the Bureau of La ... Show More
21m 23s
May 2023
103: Q2 2023 Housing Market Update: Homebuying Could Get MUCH Harder
Homebuyers are gearing up for a hot summer housing market as demand starts to surge. At the beginning of 2023, nobody thought it possible that we’d be in the position we’re in today. Days on market have shrunk in some areas as listing attendance explodes and buyers' home-owning d ... Show More
53m 28s
Apr 2024
Why owning a car is getting so expensive
It’s hard to get around without a car these days. But in the last couple of years, owning one has become very expensive. We’ll explain the deceptive practices happening in the auto lending market. And, we’ll explain how Rep. Alexandria Ocasio-Cortez’s power in the Democratic Part ... Show More
22m 33s
Jun 2023
U.S Housing: The Market Is Not a Monolith
A surprising increase in the sale of new homes doesn’t mean that overall demand for housing is on the rise. Find out what to expect for the rest of the year. ----- Transcript -----Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Co-Head of U.S. Securitized Products Rese ... Show More
6m 5s
Jun 2022
14: The Crash Predictors Are Wrong, Here’s Why w/Logan Mohtashami
The housing market is confusing, to say the least. In 2020, at the start of lockdowns, nearly everyone you spoke to had the opinion that the housing market was headed straight for a crash. Not only was this wrong, but it was the opposite of what the data was saying. While mainstr ... Show More
1 h
May 2023
760: BiggerNews: Buyers Jump Back In as Real Estate Competition Heats Up
Has housing market hysteria returned? For a few months, homebuyers took a sigh of relief as competition stayed low, prices began to drop, and the real estate market returned to reality. But it seems like the days of sweet deals and plenty of showings are now behind us as homebuye ... Show More
38m 43s
May 2024
Is home ownership the wrong dream for America?
The house, the yard and the picket fence have long been part of the American Dream. Owning a home is lauded as a way to grow your wealth and pass it down to future generations. But high demand and short supply, coupled with today’s soaring interest rates, have made home ownership ... Show More
21m 51s
Jun 2023
113: ‘08 Crash Predictor Ivy Zelman on The Biggest Danger Facing Real Estate Today
The housing market is stuck. Stubborn homeowners with low rates refuse to move, even as demand starts to pick back up. Homebuilders are driving ahead with more new construction homes, but is it too late to deliver the supply we so desperately needed only a year or two ago? Where ... Show More
52m 54s