Zillow CEO Jeremy Wacksman and I sat down at the end of 2025 to discuss his outlook on the housing market, including "inflation-hedging" home features, at HOPE Global Forums in Atlanta.

Jeremy and Hope discuss:

  • The 5 million home supply deficit

  • The affordability crisis: why mortgage rates aren’t the whole story

  • Why Zillow lobbies on zoning, permitting, and data access

  • Why demand for agents is higher now than when Zillow was founded

  • Overlooked housing markets

  • Trends that are in vs. out

  • Inflation-driven mindsets in housing

  • Half of buyers now start with “what can I afford” vs. “what do I want to buy”

Watch the episode here or read the transcript below.

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