IVY ZELMAN

Zelman & Associates

Ivy Zelman, Executive Vice President of Zelman & Associates (a Walker & Dunlop company), boasts over 30 years of experience covering the housing and related sectors. In 2007, she co-founded the firm, which delivers in-depth analyses spanning the entire housing spectrum. Zelman & Associates' research approach, shaped by Ivy's vision, blends thematic studies and proprietary surveys to provide unparalleled, value-added insights.

Ivy has earned widespread recognition and respect for her bold thinking and accurate assessments, helping industry players avoid costly mistakes and capitalize on game-changing opportunities where others have faltered. In 2005, she accurately predicted the peak of the housing market. On the Q4 2006 Toll Brothers conference call, Ivy famously challenged CEO Bob Toll, asking "What Kool-Aid Are You Drinking?" She then called the bottom of the housing market in January 2012, further solidifying her reputation as a dominant industry voice. Ivy's expertise also contributed to best-selling author Michael Lewis' research for The Big Short, with Lewis noting in the book that "all roads led to Ivy."

Ivy is a prominent figure in the housing industry and has been widely recognized for her expertise. Institutional Investor magazine ranked her as one of the most preeminent figures in the field, with her research team earning eleven first-place rankings. Additionally, Hanley Wood, a leading real estate media firm, named her as the 14th most influential person in housing. For the past four years, Barron's has included Zelman in its list of the 100 Most Influential Women in U.S. Finance. As one of the most powerful women on Wall Street, Zelman is a sought-after expert on the housing sector, providing valuable insights for investors, homebuilders, industry executives, and the broader economy.

She frequently appears in prominent media outlets like CNBC and has been published in major publications such as The Wall Street Journal. She has also served as a key witness in a congressional hearing. According to Jim Cramer, host of CNBC's Mad Money, "Ivy is the Ax of the homebuilders – the analyst who understands the group better than anyone else on Wall Street." Ivy's expertise is in high demand, as evidenced by her numerous speaking engagements at conferences, board meetings, podcasts, and special events hosted by organizations like Bloomberg, TD Ameritrade Network, National Association of Homebuilders, National Association of Realtors, and Mortgage Banking Association, among others.

Ivy, a George Mason University Bachelor of Science graduate, serves as an adjunct professor at the Case Western Reserve University Weatherhood School of Management. In addition to her academic role, Ivy has published a memoir, "Gimme Shelter: Hard Calls + Soft Skills From A Wall Street Trailblazer." Outside of her professional endeavors, Ivy takes pride in being the parent of three children - Zoey, Zachary, and Zia.