4.8 • 692 Ratings
🗓️ 25 March 2025
⏱️ 49 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Looking into the past is how you understand the present. That's why today we're going to go and look at |
0:08.8 | housing market trends from the 50s until now. And then we're also going to look at when the market |
0:14.6 | has corrected and when it has crashed in the past and why. So I think it's important to go back |
0:20.7 | and take a look at a couple things. |
0:23.0 | One, first of all, how interest rates are affecting home prices. |
0:26.7 | So that's number one. |
0:27.8 | That's really, really, really important. |
0:29.8 | Two, we need to look at days on market. |
0:33.4 | I think a lot of people are out there saying that we're in this crash when days on market went from like the 20s to, you know, basically doubled. |
0:41.8 | It's still significantly under the market averages. |
0:44.6 | So we're going to deep dive on that today. |
0:47.3 | Yeah, absolutely. |
0:48.2 | So first, let's just pull up the median home values. |
0:52.4 | In the 1950s, you know, the median home value was $7,000. |
0:58.3 | That was what? Seventy five years ago. So it's crazy, right? For those of you who don't |
1:05.2 | think we have inflation, like that should pretty much spell it out. The house I grew I grew up in, my mom and dad paid 10 grand. |
1:13.2 | Right. |
1:13.6 | Exactly. |
1:14.2 | Well, and that's what, so let's get, we want to go by decade here. |
1:16.7 | And I want to show you the increases each decade. |
1:19.4 | And so in the 60s, the average home was 12% or 12,000, which was a 71% increase. The 70s, it was 17,000, which was a 42% increase. |
1:35.1 | The 80s jumped to 47,000, which is 176% increase. And you have to remember that the 70s was a time of |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ken McElroy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ken McElroy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.