Inman

Zillow promotes new chief economist

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Takeaways:

Zillow promoted its former senior director of economic research to chief economist.

Dr. Svenja Gudell will replace Dr. Stan Humphries in the position. Gudell was formerly Zillow’s senior director of economic research, and Humphries is now Zillow Group’s chief analytics officer and chief economist.

Svenja Gudell

“I have worked closely with Svenja for the past four years, and I’m thrilled to promote her to this new role,” Humphries said in a statement. “Zillow’s economic research team is focused on providing homeowners, buyers and sellers with valuable and actionable insight, based on rigorous data analysis. Svenja is well-suited to continue that work.”

“I’m honored and excited to take on the role of Zillow’s chief economist to advance the national conversation about housing and economics,” Gudell said in a statement.

“Today’s housing market faces some new challenges. Millions of Americans remain upside-down on their mortgages. Some who are shopping for a home can’t find one to buy within their budget. Rents are increasing rapidly, but incomes aren’t keeping up. These and other challenges continue to keep housing top of mind for consumers. Zillow’s mission, first and foremost, is to empower consumers to make informed housing decisions. I’m passionate about pursuing this goal as chief economist.”