There is a lot of talk in the news lately about a possible downturn in the US economy, yet Jason’s guest, Ali Wolf of Meyers Research is staying bullish. She says the important indicators to watch aren’t showing the normal warning signs of a market drop. Ali also discusses the trends of Millennials with regards to renting vs. buying a home, their purchasing cycles and what they are willing, and not willing, to pay for.
[01:03] Are we at the end of a business cycle?
[04:30] Ali uses the Quits ratio to judge the state of the economy.
[06:39] Three critical indicators to use as early warning signs to a possible market drop.
[09:29] Wiil Millennials be staying put and buying homes or are they the rental generation?
[16:33] Why modern, prefab homes may offer Millennials more amenities than space.
[27:34] Inventory of existing, resale housing is lower in every single market Zondo tracks.