MReport February 2021

TheMReport — News and strategies for the evolving mortgage marketplace.

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Page 65 of 67

64 | TH E M R EP O RT FINAL THOUGHTS Causes and Effects Mortgage industry experts examine the housing market's reaction to fallout from the COVID-19 pandemic, vaccine distribution, supply and demand issues, soaring house prices, and more. "second wave" Redfin Chief Economist Daryl Fairweather commenting on the increasing migration rate among homeowners who are working remotely. "turbocharged" Ali Wolf, Chief Economist for Zonda, discussing how COVID-19 has boosted some housing markets. "pandemic-period distortion" Joint Center for Housing Studies Fellow Don Layton, former CEO of Freddie Mac, on the causes and implications of an extraordinary rise in house prices. "act quickly" Zillow Senior Economist Chris Glynn advises buyers to seize the moment in a market marked by soaring home values. "wounded" Clare Trepasso for discussing the housing market's resiliency during the events of 2020.

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