**Buyers are finally **funneling **back **to the housing market thanks to recently lower mortgage rates. But, we’ve still got a BIG housing problem to fix—undersupply. What’s President Trump’s plan to put more houses on the map? Freedom cities! By turning federal lands into high-tech hubs for workers, we may be able to **solve our **housing shortage). Is this possible, or are “freedom cities” just a far-off developer dream? We’re getting into this headline and all the others filling your newsfeed in today’s episode!
Home prices are about to PLUMMET…says one article for a select few property types. While much of this might be clickbait, James does think it’s time to **scoop up some sweet property deals on second homes **in hot vacation markets). With good value, economic weakness putting pressure on sellers, and long-term upside, this could be a solid move to make!
Want to pay even LESS to a real estate agent? That’s what everyone says, but it doesn’t seem like that’s what everyone wants as Redfin gets bought out by Rocket Companies. Is the low-cost real estate agent model finally about to bite the dust, or could Rocket turn things around, bringing buyers a whole new suite of low-cost services? Stick around; we’re sharing our thoughts!
In This Episode We Cover
Trump’s plan to trade federal lands for “freedom cities” that could increase housing inventory
Fed rate cut)** update**: Should we still expect rate cuts sometime in 2025?
Great news for real estate agents) and lenders as** sales accelerate** thanks to **lower interest rates) **
One **type of rental property that could be a killer deal in 2025 **(in SOME markets)
The end (or beginning) of Redfin as Rocket Companies buys out the low-cost-agent brokerage
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 an Investor-Friendly Agent in Your Area)
Henry's BiggerPockets Profile)
Kathy's BiggerPockets Profile)
On The Market 300 - Mortgage Rates Hit 2025 Low as Recession Fears Rise)
Grab Dave’s Newest Book, “Start with Strategy”)
Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/on-the-market-306)
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