For today’s first-ever episode of the Knowledge Brokers Podcast, Byron Lazine and Tom Toole combine their knowledge of the industry and their many years’ experience as real estate professionals to break down a few of the latest industry headlines.
They start with a Housing Wire article, “A Tale of Two Halves,” to discuss the 2022 housing market, leading into related HW pieces on housing inventory and Logan Mohtashami’s 2023 housing market forecast.
Both explored what could happen if we don’t fix the inventory issue—or if the economy weakens further and the job market slows down. They also address the key differences between the 2022-2023 housing market and 2008.
As a wrap-up, Tom and Byron weighed in on what it means to be a knowledge broker—and why it’s so important for real estate professionals to aspire to that for the sake of their clients and communities.
Click on any of the timestamps below to watch:
05:51 “A Tale of Two Halves” (Housing Wire)
17:09 What could happen if we don’t fix the inventory issue
23:09 Key differences between the 2022-2023 housing market and 2008
26:46 What 2023 will look like
27:12 Logan Mohtashami’s 2023 forecast (Housing Wire)
28:43 Prices aren’t likely to go down on a large scale until…
34:21 What could happen if the job market weakens
37:24 Knowledge broker entry-level requirements
Click here to watch the full episode.