Shownotes Transcript
This housing market) is a tough nut to crack. One week, rates are coming back down, buyers are gearing up to re-enter the real estate market, and investors are feeling optimistic. Then, the following week, inflation spikes, mortgage rates) jump, and affordability plummets back down to a depressing level. Because of this topsy-turvy economy we find ourselves in, we get a slew of questions on almost every episode asking us to predict what will happen next. And today, the entire On the Market panel has flown out to Denver to get this live debate going.
That’s right. Dave Meyer is joined by** Henry Washington**, James Dainard, Jamil Damji, and **Kathy Fettke **to pop some bottles, rock some chains (thank you, James), and give you up-to-date info on the housing market. We’ve taken a few of our favorite questions from the comment section and got the panel’s opinions on some of today’s most pressing topics. First, we’ll talk about why new homes) are cheaper than existing homes in many markets and whether or not this is a red flag for the housing market.
Then, we enter lender territory and discuss which markets are seeing** new down payment requirements** and which allow you to still score deals at ten to fifteen percent down. We’ll also revisit the commercial real estate crash) and what could happen once these massive balloon payments come due. But don’t worry, there’s still some optimism afoot, as a couple of our expert guests predict a housing market boom could be coming in only a matter of months. So, don’t get caught in the rocky waves of this real estate market; tune in to get the scoop on everything happening on the market.
In This Episode We Cover
**The incoming housing market “boom” **that could start another buying frenzy
New construction vs. existing homes and which is a safer bet as a new investor
Down payment) requirements and why so many **lenders are asking for more **
The** commercial real estate crash** and how it could create insane deals for investors with cash on hand
The state of the economy and why there’s so much contradictory data pointing in different directions
Why you should always buy two plane tickets when planning your next trip
And So Much More!
Links from the Show
Find an Investor-Friendly Real Estate Agent)
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)
Attend a BiggerPockets Meetup)
Grab Dave’s “2023 State of Real Estate Investing Report”)
On the Market Podcast 65 with Ben Miller (Deleveraging))
On the Market Podcast 71 with Brian Burke (Multifamily BOMB))
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-85
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