We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode The Housing Market is Changing (Deals Are Coming in Winter)

The Housing Market is Changing (Deals Are Coming in Winter)

2024/11/28
logo of podcast On The Market

On The Market
AI Deep Dive AI Chapters Transcript
People
D
Dave
活跃的房地产投资者和分析师，专注于房地产市场预测和投资策略。
Topics
Dave对当前美国房地产市场进行了全面分析，指出尽管全国房屋中位价达到历史新高，但房屋销售量大幅下降，主要原因是购房能力下降，高房价和高利率使得许多潜在购房者无法承受。他认为，市场正在降温，部分市场甚至出现小幅回调，这为冬季的投资者提供了机会。他预测抵押贷款利率将在未来几个月内波动，但总体趋势是下降的，这将有助于改善购房能力。他建议投资者不要等待利率进一步下降再进入市场，因为房价仍在上涨，等待可能导致购房能力没有显著改善。他还分析了租金市场，指出全国租金增长率持平，低于通货膨胀率，但单户住宅租金增长率高于多户住宅租金增长率。他认为，未来几年租金增长率可能保持在1%到2%之间，多户住宅租金增长率可能继续下降。总的来说，Dave认为，尽管市场低迷，但冬季可能出现一些房产交易机会，卖家可能更愿意在冬季来临之前达成交易，投资者应该保持耐心，寻找合适的投资机会。

Deep Dive

Chapters
The episode begins with an analysis of current home prices, which are at an all-time high despite a significant drop in home sales. The discussion covers the national median home price, regional variations, and the impact of inflation on housing appreciation.
  • National median home price is $429,000, up 4% year-over-year.
  • Florida and Texas are seeing modest price declines, but still up significantly from pre-pandemic levels.
  • Connecticut, New York, and Ohio are experiencing higher-than-average price appreciation.

Shownotes Transcript

Discounted real estate deals) could be coming THIS winter as the** housing market begins to “thaw.”** Today, Dave is flying solo, bringing you a housing market update on all the crucial factors real estate investors are looking at—home prices, mortgage rates), housing supply, and rent prices). Even with home sales falling by a massive margin, home prices are still at all-time highs, and** the housing market is “stuck,”** but we could see some sellers taking price cuts this winter if you’re willing to take advantage.

Okay, but how can home prices still be THIS high when the total home sales are twenty percent lower than average and around fifty percent under the recent highs? It’s simple—affordability struggles. High rates, high prices, and “locked-in” homeowners staying in place keep the market frozen. So, why does Dave believe sellers will be more inclined to drop their prices this winter? Where does he believe interest rates) will be by the end of the year? And what’s the one thing that could get the housing market “unstuck”? 

In This Episode We Cover

Why Dave believes **real estate deals are coming **THIS winter

Mortgage rate predictions and how low rates could go by the end of this year

Whether to buy now or wait)** for affordability to improve**, prices to drop, and rates to fall

Why** home prices** are still rising EVEN with homebuyer demand plummeting

The MASSIVE drop in home sales since the pandemic boom and why prices have remained high

And **So **Much More!

Links from the Show

Join the Future of Real Estate Investing with Fundrise)

Join BiggerPockets for FREE)

Shop the BiggerPockets Bookstore Black Friday SALE)

Find an Investor-Friendly Agent in Your Area)

Dave's BiggerPockets Profile)

On The Market Podcast 255 - The Fed Finally Cuts Rates, but Will It Even Matter?)

Nearly A Quarter of Prospective First-Time Homebuyers are Holding Off Until After the Election: Redfin Survey)

Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/on-the-market-273)

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)