Podcast 070: Impact of Coronavirus on Global and US Economy

Matthew Gardner is Chief Economist for Windermere Real Estate, sits on the Washington State Governors Council of Economic Advisors; chairs the Board of Trustees at the Washington Center for Real Estate Research at the University of Washington; and is an Advisory Board Member at the Runstad Department of Real Estate at the University of Washington where he also lectures in real estate economics. Matthew is one of a select number of economists who provide their housing market forecasts to Reuters for their U.S. Housing Market Poll, and he also participates in Zillow’s Home Price Expectation Survey. We discussed the following: 1. What the average FICO scores are and what this tell us about the state of the real estate market? 2. What the average down payments are and where this fits in historical context? The trade war’s impact on the real estate sector? 3. Why development has, for the most part, been exceptionally absent despite a massive run-up in prices? What would be the impact of 4. Coronavirus pandemic on the global economy, the US economy, and Real estate? 5. Any real estate or finance books you recommend? Any website or apps if someone wants to understand more about interest rates, real estate, etc? 6. How can my listeners reach out to you? For more information, you may contact Alpesh at [email protected] or visit http://wealthmatrs.com/