Shelter is an essential part of well-being, and owner-occupied residential housing provides shelter for many. The value of one’s personal residence often is the greatest source of individual wealth. Housing investment and expenses are significant factors in the overall economy. The securitization of mortgage financing is an important sector of the capital markets. The spectacular collapse of the housing market was the primary cause of the Great Recession. The pandemic prompted an increase in housing demand that triggered both investment activity and housing inflation. A review of trends in housing can provide perspective for economic activity and investing ahead.