Erdmann Housing Tracker
Investor Due Diligence Report
substackReal Estate
How housing costs got here and where they're going.
5K
350 paid
N/A
Pricing
$12/mo
$100/yr annual option
$3K
350 paid subs
$3K/mo – $3K/mo(±0%)
Previously ~2x per week
2.4 posts/week
65/100
Consistent (~3.0d avg)
| Newsletter | Subscribers | Weekly Growth | Price | Platform |
|---|---|---|---|---|
| Zillow Gone Wild 🏡 | 135K | N/A | Free | substack |
| CalculatedRisk Newsletter | 40K | N/A | $25/mo | substack |
| The Skeptical Investor Newsletter | 39K | +1.7% | $5/mo | substack |
| House of Green | 37K | N/A | $8/mo | substack |
| Month | Subscribers | Est. Revenue | Change |
|---|---|---|---|
| Feb 2026 | 5K | $2,971.5 | — |
| Mar 2026 | 5K | $2,971.5 | ~0% |
| Apr 2026 | 5K | $2,971.5 | ~0% |
Platform Dependency
Hosted on substack subdomain
Publishing Consistency
Variable publishing frequency
Key Person
Single-author publication — key-person dependency
Revenue Model
Active paid subscription tier
Subscriber threshold
5K subscribers — above the 1K category median for first paid tier
Has paid tier
Active paid subscription offering
Peer monetization
100% of 12 similar-size peers in Real Estate have paid tiers
Pricing position
$12/mo vs $5/mo category median (90 newsletters)
| Date | Monthly | Annual |
|---|---|---|
| Mar 2026 | $12 | $100 |
Disclaimer: This report is generated automatically based on publicly available data and proprietary estimation models. Estimated subscriber counts are derived from engagement patterns and should be verified through direct disclosure. Revenue estimates are based on known pricing and estimated paid subscriber counts. This report is for informational purposes only and should not be the sole basis for investment decisions.
Score based on available components only.
| Component | Score | Weight |
|---|---|---|
| Paid Subscriber Ratio | 75/100 | 25% |
| Everything Coliving |
| 36K |
| N/A |
| Free |
| substack |