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CNBC - Closing Bell Overtime

December 23, 2025

With mortgage rates expected to remain elevated and affordability still top of mind, Alan shared his perspective on mortgage and housing affordability during CNBC’s Closing Bell Overtime.

News Articles

Business Insider - Home prices are falling at the fastest rate in 15 years...

Business Insider - Home prices are falling at the fastest rate in 15 years...

In a recent interview with Ted Oakley of Oxbow Advisors, Ivy's perspective on mortgage rates and the housing market demand were referenced within this article, "If we don't see any type of improvement in the economy and rates are stubbornly higher than 6%, I think you are going to see pricing continue to decline."

CoStar - This Sun Belt City Had the Biggest Drop in US Apartment Rent in November

CoStar - This Sun Belt City Had the Biggest Drop in US Apartment Rent in November

North Carolina’s capital had the biggest monthly drop in rents among major U.S. apartment markets where rates fell in November, the latest sign the nation's surge in rent increases is easing. This past week, Ivy was a guest on the Walker Webcast. She provided her thoughts on what's happening now with rent levels saying, "The October numbers were pretty ugly."

Fortune - A 20% home price decline? 7 forecast models are leaning crash...

Fortune - A 20% home price decline? 7 forecast models are leaning crash...

In a recent article about home prices and the fed tightening of rates, Zelman & Associates was referenced with our forecast where U.S. home prices might be headed: "Back in the summer, the boutique research firm forecasted that U.S. home prices would fall 4% in 2023 and another 5% in 2024. Fast-forward to November, and Ivy Zelman, founder of the firm, says we could now see a 20% peak-to-trough decline."

Business Insider - Ivy Zelman, who famously predicted the 2008 housing crash...

Business Insider - Ivy Zelman, who famously predicted the 2008 housing crash...

The Fed's fight against inflation has led to high mortgage interest rates, cooling housing demands. Alan provided his thoughts on the housing downturn which could be "a multi-year process as buyers and sellers are both likely to stay on the sidelines if they are unsatisfied with the offers they receive, or if higher rates dismay them."

Business Insider - Zelman & Associates called the housing market's downturn long before it started.

Business Insider - Zelman & Associates called the housing market's downturn long before it started.

Alan believes the housing market won't recover any time soon and a housing market recovery will take years. He said, "We were seeing levels of inflation, at least in our part of the world, housing, that clearly were not healthy, clearly were not sustainable," he said. "It should have been clear to everybody that if things continued at that level that there were going to be problems."

The Wall Street Journal - Builders Say They’re Ready for This Housing Slowdown...

The Wall Street Journal - Builders Say They’re Ready for This Housing Slowdown...

Surging mortgage rates have quickly turned the tables for would-be buyers qualifying for loans. As a result, a slowdown of qualified buyers have significantly decreased. The Las Vegas market is already seeing a meltdown. Ivy provided her thoughts saying, “How rapidly things have deteriorated is pretty remarkable,” but “there’s a huge difference from the go-go days of exotic mortgage products and no money down,” with the latter quote referring to the loose lending environment before the 2007 crisis.

15th Annual Housing Summit - Watch On-Demand

15th Annual Housing Summit - Watch On-Demand

Our Housing Summit has come to an end. However, you can still register and watch all of the recorded sessions on-demand. Let our elite team of experts help you navigate the housing ecosystem. Past attendees have called this "the best conference they have attended in any industry leaving with actionable insights."