Welcome to Real Estate Coaching Radio, America's number one trusted resource for realtors who demand authentic real-time coaching,

starring award-winning real estate coaches Tim and Julie Harris.

Get ready for unfiltered, full-strength honesty about what is truly working to get you into action and make you money in this new real estate boom.

Now to our hosts, Tim and Julie Harris.

We're joined today by Jonathan Smoke, the chief economist forrealtor.com, the official site of the National Association of Realtors. Smoke is a 20-year veteran of the real estate industry

and has held a number of executive roles throughout the industry.

Since our last interview with Jonathan, Realtor.com has released the 2015 housing forecast, setting the stage for the return of first-time homebuyers.

Jonathan joins us today to discuss this report, as well as the top line market expectations,

the key trends, and some of his favorite market picks.

Now, let's welcome Jonathan Smoke to the call as we join our host, Tim Harris.

So Jonathan, welcome back, and we have a lot of ground to cover on today's radio show.

And as always, I really

appreciate the time you set aside for us. Our listeners love to hear from you. We get great

feedback after every radio show. Again, I think it's a credit. I was actually trying to think of

a good slogan for you. I think you're like the Realtors economist. I mean, obviously you work

for Realtor.com. And I'm trying to think of a way to encapsulate the fact that you do such an elegant way of explaining complicated information

in a very simplistic way that every man on the street can understand. So give me another

month or so, and I'll come up for the really good slogan for you. But welcome back.

Thanks, Tim. I'll hold you to that.

Perfect. Well, so we're going to talk today everyone about the five predictions coming

from Realtor.com, and these are really, I think, what you guys will all agree, are exciting,

optimistic viewpoints. But before we do, I want to do three quick announcements. First of all,

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