Shownotes Transcript
Mortgage delinquencies) are up…or are they? One chart that’s been circulating on social media would have you believe that a growing number of **homeowners **are on the brink of foreclosure), driving us toward another 2008-style collapse. Is the panic justified or unfounded? We’ll dig into the data in today’s episode!
A Freddie Mac chart has been doing the rounds recently, showing a massive jump in delinquencies, but what the data really reveals is a spike in another type of real estate delinquency—a trend that should come as no surprise, given how rising interest rates) impact adjustable-rate loans. **But what about **residential real estate)? Are regular homeowners now suddenly **missing mortgage payments **to 2008 levels?
There’s no denying that we’re entering a buyer’s market. While a 2008-style housing market crash is unlikely, inventory is growing, and home prices could decline another 2%-3%. Whether you’re a regular homebuyer or real estate investor), this means you have an unusual amount of negotiating leverage. We’ll share a strategy you can use to insulate yourself from a potential dip and capitalize on an eventual surge in home prices!
In This Episode We Cover
How mortgage delinquency rates impact the housing market overall
Why real estate is historically less volatile than stocks) and other markets
The “canary in the coal mine” that could signal trouble for the housing industry
Why we’re seeing an (expected) surge in these mortgage delinquencies
Taking advantage of a buyer’s market and a potential “dip” in home prices
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise)
Sign Up for the On the Market Newsletter)
Find Investor-Friendly Lenders)
Over 6 Million Americans Are Late on Their Mortgage Payments—Here’s What It Means for Investors)
Grab the Book, “Recession-Proof Real Estate Investing”)
Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/on-the-market-309)
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