Shownotes Transcript
Don’t you miss the** “normal” **housing market)? You know, a few years back when buyers didn’t have to bludgeon other bidders just to get into a reasonably priced house? The times when the average American could afford a roof over their head, and sellers actually had a reason to put their homes on the market. Well, we may be returning to a “normal” housing market faster than you think, but a few key things will need to happen first.
We’re back on On the Market, bringing you the most** up-to-date housing market headlines**, separating fact from fiction, and giving you everything you need to know to make the best investment decisions. This time, we’re running through four of the top stories in our newsfeeds. First, James touches on the** $1.5T ticking time bomb that commercial real estate) faces** and what happens if a wave of debt gets defaulted on.
Next, we’ll shift into more residential territory as Kathy dissects the “divided” housing market and updates us on how** post-pandemic boomtowns** are faring. Then, a return to normalcy, as Henry hits on how the 2023’s housing market correction could give homebuyers some leverage they deserve. Finally, mortgage rate)** updates** and whether or not the spring season of homebuying will “survive” as buyers see a bump in their rates. Stick around to get all the info you need to build your real estate portfolio, so when ChatGPT takes your job, you’ll have some passive income to rely on!
In This Episode We Cover
Post-inflation car, food, and gas prices and Kathy’s $20 carton of eggs
Commercial real estate debt and what happens if owners **start to default **
The “divided” housing market and how cities that saw MASSIVE appreciation are faring now
The 2023 real estate correction) and good news for buyers as the market starts to stabilize
Mortgage rate bumps and whether or not this will hurt the traditionally hectic spring homebuying season
Using ChatGPT) to find real estate deals, write property descriptions, and get more deals done
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise)
Connect with Other Investors in the “On The Market” Forums)
Subscribe to The “On The Market” YouTube Channel)
Henry's BiggerPockets Profile)
Jamil's BiggerPockets Profile)
Kathy's BiggerPockets Profile)
Articles Mentioned in Today’s Show: Commercial Debt) Divided Housing Market) 2023 Housing Market Correction) Will Spring’s Market “Survive?)
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-102
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]).
Learn more about your ad choices. Visit megaphone.fm/adchoices)