Key facts
- Calculated Risk newsletter will retire on May 31, 2027.
- Author Bill McBride has written about housing for nearly 30 years.
- McBride accurately predicted the 2005 housing market top and the 2007 recession.
- He called the housing market bottom in early 2012.
- McBride plans to focus on housing market analysis during his final year.
Bill McBride, the author behind the Calculated Risk newsletter, has announced his intention to retire the publication on May 31, 2027, marking the end of his nearly 30-year career writing about the housing market. McBride expressed enthusiasm for his final year of analysis and anticipation for future personal adventures. He reflected on his history of housing market predictions, including accurately forecasting the 2005 housing market top and the subsequent recession in 2007. McBride also highlighted his shift to a more optimistic outlook in 2009 and his call for the housing market bottom in early 2012. He noted the significant subprime mortgage losses, which his blog estimated at over $1 trillion, exceeding earlier estimates from Barclays Capital ($700 billion) and Merrill Lynch ($500 billion). McBride also recalled his accurate prediction that millions of homeowners would soon owe more on their mortgages than their homes were worth. He mentioned his co-blogger Doris "Tanta" Dungey, who contributed significantly to the blog until her passing in 2008. McBride plans to continue providing short and medium-term outlooks, data sources, and recommendations for housing analysts in his remaining year.