Podcast: The Silver Tsunami Is Still Trash

Today’s podcast is very near and dear to my heart, a topic I have tried to debunk for a long time: the Silver Tsunami. This doomsday marketing gimmick was created in 2008 when the first baby boomer turned 62. By 2015, Baby Boomers would rush to the market, sending 26-32 million homes to market. This would also last until 2025 as the boomers age into the record-breaking inventory ten-year period.

This is the latest chart from the NAR on total active listings per the last existing home sales report, where inventory is a tad over 1,000,000.



Also, since Mid July 2022, new lisitngs data has been trending at the lowest levels ever recorded in history. In fact, the last 3 years have been trending at the lowest levels ever recorded in history.

For those who prefer a YouTube channel, HousingWire has its YouTube channel, and both podcasts each week will be there now.

https://www.youtube.com/watch?v=kQtQRR_IIyg&t=236s

Every weekend for HousingWire, we bring out the weekly HousingWire Tracker report, where I take a deep dive into the current and forward-looking housing data lines so you can be up to date with the data lines that matter in housing. If you would like to join HW Plus to have access to the tracker, please use my LoganVIP20 code.

https://www.housingwire.com/articles/housing-inventory-defied-all-predictions-in-2023/

In three words I can sum up everything I’ve learned about life: it goes on.” -Robert Frost

Logan Mohtashami is a Lead Analyst for Housing Wire, a financial writer, and a blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami, now retired, spends his days and nights looking at charts and nothing else.