US Housing & Housing Finance: Soaring Home Prices
Zooming In on the Surprising Boom
Join us as we team up with economists from leading housing data firms to discuss one of the most surprising outcomes of the pandemic: The sharp rise in US home prices as demand far outstrips available supply
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- What’s been behind the boom and for how long can it be sustained?
- How big will the headwinds of rising interest rates and narrowing affordability be?
- Which pandemic-era trends will matter the most going forward and where?
- How badly would issuers fair in a disorderly end to the surge?
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SpeakersCristian deRitis Deputy Chief Economist Moody's Analytics
Selma Hepp Executive, Research & Insights and Deputy Chief Economist CoreLogic
Jody Shenn Vice President - Senior Analyst Moody's Investors Service
Jeff Tucker Senior Economist Zillow
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Cristian deRitis is a senior director at Moody’s Analytics, where he conducts economic analysis and develops econometric models for a wide variety of clients. His regular analysis and commentary on consumer credit, policy and the broader economy appear on the firm’s Economy.com web site and in other publications. He is regularly quoted in publications such as the Wall Street Journal for his views on the economy and consumer credit markets. Currently he is spearheading efforts to develop alternative sources of data to measure economic activity more accurately than traditional sources of data. Before joining Moody’s Analytics, Cristian worked for Fannie Mae and taught at Johns Hopkins University. He received his PhD in economics from Johns Hopkins University and is named on two U.S. patents for credit modeling techniques.
Selma Hepp holds the title of executive, research & insights and deputy chief economist for CoreLogic. In this role, she is responsible for analyzing, interpreting and forecasting economic
trends in real estate, mortgage and insurance.
Prior to joining CoreLogic in 2020, Selma was chief economist and vice president of business intelligence for Pacific Union International, Inc., where she oversaw the vital economic and technology intelligence to drive the expanding brokerage’s success. Additionally, she authored Pacific Union’s “Economic Straight Talk” columns, a series of reports that analyze current economic trends to clarify real estate investing. Selma was previously chief economist for Trulia, senior economist for the California Association of Realtors and economist for the National Association of Realtors.
She earned her M.A. in economics from the State University of New York, Buffalo and a Ph.D. from the University of Maryland.
Jody Shenn is a Vice President – Senior Analyst in the Structured Finance Group at Moody’s Investors Service. Mr. Shenn specializes in producing research across a range of both consumer and commercial asset securitization sectors. Prior to joining
Moody’s in 2015, Mr. Shenn spent nine years covering residential mortgages, securitization and other fixed-income market topics as a journalist at Bloomberg News. Prior to that, Mr. Shenn worked as a reporter and/or editor at publications
including American Banker, The Wall Street Journal and The Southampton Press. He is a graduate of Cornell University in Ithaca, New York
Jeff Tucker is a senior economist on the Zillow Economic Research team, where he has spent three years combining Zillow’s industry-leading real estate database with macroeconomic and demographic data to understand the forces shaping the American housing market. He has presented at numerous real estate industry gatherings and appeared on national and local media outlets covering real estate, including the Wall Street Journal, The Atlantic, and NPR’s Marketplace.