We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode 46: 2023 Housing Market Predictions: How Low Will Home Prices Go?

46: 2023 Housing Market Predictions: How Low Will Home Prices Go?

2022/10/24
logo of podcast On The Market

On The Market

Shownotes Transcript

The** 2023 housing market predictions** are here. We heard you in the forums, the comments, and all over social media. We know you want Dave, the data man, to give you his take on what will happen over the next year. Will housing prices fall even more? Could interest rates) hit double digits? And will our expert guests ever stop buying real estate? All of this, and more, will be answered in this week’s episode of On The Market.

Unfortunately, Dave threw his crystal ball in with his laundry this week, so he’s relying solely on data to give any housing market forecasts). He, and our expert guests, will be diving deep into topics like** interest rates**, inflation, cap rates), and even nuclear war. We’ll touch on anything and everything that could affect the housing market so you can build wealth from a better position. We’ll also discuss the “graveyard of investment properties” and how one asset class, in particular, is about to be hit hard.

With so much affecting the overall **economy **and the housing market, it can be challenging to pin down exactly what will and won’t affect real estate. That’s why staying up to date on data like this can keep you level-headed while other retail homebuyers run for the hills, scared of every **new update from **the Fed). Worry not, this episode is packed with some good signs for investors, but also a few worrisome figures you’ll need to pay attention to.

In This Episode We Cover

The most important variables that could **impact 2023’s housing market **

Which asset class will be hit hardest by price cuts and where investors can find deals

Inflation),** bond rates**, and how the federal funds rate could impact homebuying

Housing price predictions for 2023 and how far home prices could slide

The **seller’s vs. buyer’s market **and how brand new investors can take advantage

Whether or not cap rates will start to increase even as inflation pushes rents higher

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent)

BiggerPockets Forums)

BiggerPockets Agent)

Join BiggerPockets for FREE)

On The Market)

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)

Dave’s BiggerPockets Profile)

Dave’s Instagram)

Henry's BiggerPockets Profile)

Henry's Instagram)

James' BiggerPockets Profile)

James' Instagram)

Jamil's BiggerPockets Profile)

Jamil's Instagram)

Kathy's BiggerPockets Profile)

Kathy's Instagram)

Reviewing Dave’s 2022 Housing Market Predictions)

Hear Our Predictions from Earlier This Year)

Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-46

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page)!

Learn more about your ad choices. Visit megaphone.fm/adchoices)