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February 25, 2025 33 mins

The real estate industry is entering a new phase—one where rising interest rates, evolving buyer behavior, and industry-wide legal settlements are shaping the future. If you’re in the title or real estate business, you need to know what’s coming. Dr. Lawrence Yun, NAR’s Chief Economist, joins the show to break down the biggest economic trends affecting home sales, mortgage rates, and industry structure. Don’t miss this deep dive into what 2025 has in store.

 

 

What you’ll learn from this episode

  • How inflation and interest rates are impacting mortgage rates and buyer affordability
  • Why home listings are increasing and what that means for buyers and sellers
  • NAR Settlement: How new rules impact agents, commissions, and industry structure
  • The impact of institutional investors on the housing supply
  • How the national debt and government cuts could affect mortgage rates and real estate



Resources mentioned in this episode



About Dr. Lawrence Yun
Lawrence Yun is Chief Economist and oversees the Research group at the NATIONAL ASSOCIATION OF REALTORS®. He supervises and is responsible for a wide range of research activity for the association including NAR's Existing Home Sales statistics, Affordability Index, and Home Buyers and Sellers Profile Report. He regularly provides commentary on real estate market trends.

Dr. Yun creates NAR's forecasts and participates in many economic forecasting panels, among them the Blue Chip Council and the Wall Street Journal Forecasting Survey. He also participates in the Industrial Economists Discussion Group at the Joint Center for Housing Studies of Harvard University. He appears regularly on financial news outlets, is a frequent speaker at real estate conferences throughout the United States, and has testified before Congress. Dr. Yun has also appeared as a guest on CSPAN's Washington Journal.

Dr. Yun received his undergraduate degree from Purdue University and earned his Ph.D. from the University of Maryland at College Park.

 

Connect with Dr. Lawrence


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