Kate Wood
speaker
431 appearances
7 recordings
2 series
first heard Dec 2025
last heard 13 Aug
Kate Wood’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 7 in all, peaking in Feb 2026 with 4.
Appearances
Very different.
So then we get 2022, which saw a real reckoning for the housing market.
So all of that competition that Abby was talking about, people buying like crazy in 2020, 2021, that had sent home prices skyrocketing.
At the same time, we've got the Federal Reserve realizing, oh, okay, you know, this post-pandemic inflation.
isn't going to be uh their preferred word is transitory, but basically
It's gonna be sticking around.
So we've got the Fed raising the funds rate and we've got mortgage rates shooting up too.
Housing affordability is deteriorating pretty quickly.
In a normal environment, you'd expect that higher mortgage rates would lead to some kind of softening of prices, right?
The sellers would have to budge, but that did not happen.
And our index plunged, right?
You see this steep drop-off in 2022.
The clouds come rolling in.
And we've seen, you know, conditions bounce around since then, but we have not come close to that 2021 peak or really even to where we were before the pandemic.
You really can.
And as a huge mortgage nerd, this is something that I find actually really fascinating.
So historically, if you're looking at existing mortgages, your biggest group of outstanding mortgages, so loans that people are still actively paying off, right, is always about one to four years old.
And that makes sense, right?
You're always going to have new buyers, you're always going to have people refinancing, there's always going to be new loans.
But recently we've seen this.
Showing 21–40 of 431 · page 2 of 22
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