Need housing market predictions? We’ve got them. Unfortunately, they may not be exactly what you want to hear. While most landlords hope and pray that mortgage rates will head down and the housing market will finally open back up, reality paints a much different picture. With inflation still high and the Fed refusing to budge on rates, we could be in for a wild ride over the next six months. So, what will unfold before the clock strikes midnight at the end of 2023? Stick around and find out!

We brought in the heavy hitters for today’s episode. J Scott, syndicator and author of numerous best-selling real estate books, but most importantly Real Estate by the Numbers, brings his stoic and scarily accurate take to the podcast. But that’s not all. BiggerPockets CEO Scott Trench joins us to give his investor, executive, and homeowner opinion on what’s happening in the housing market. Of course, Kathy Fettke, multi-decade investor and syndication expert, brings her unique view from booming markets.

We’ll go over the housing market, inflation, interest rates, unemployment, and the overall state of the economy in this show. From explaining why the Fed will either drop or raise rates this year to examining the impact of a potential recession, then discussing the somewhat cherry-picked stats chosen by the Fed, this episode goes MUCH deeper than real estate, and you could get caught off guard this year if you don’t know what’s coming.

In This Episode We Cover:

2023 housing market predictions and why “things are going to be messed up” for years to come

Why mortgage rates could fall (or rise) and what could cause the Fed to move

Unemployment stats and why the “gig economy” could be in danger

False inflation numbers and what will force inflation to drop, then spike, this fall

The commercial real estate crash and why multifamily investors could see a profitless next few years

And So Much More!

Links from the Show

Find an Agent

Find a Lender

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BiggerPockets Bootcamps

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

Kathy's BiggerPockets Profile

Kathy's Instagram

Hear Our Interview with Fed Expert, Nick Timiraos

Books Mentioned in the Show

Real Estate by the Numbers by J Scott and Dave Meyer

Connect with J:

J's BiggerPockets Profile

Everywhere Else

Connect with Scott:

Scott's BiggerPockets Profile

Scott's Instagram

Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-126

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126: 2023 Housing Market Forecast: “Things Are Going to Be Messed Up” w/J Scott and Scott Trench 52:58 Share

On The Market

Shownotes Transcript

126: 2023 Housing Market Forecast: “Things Are Going to Be Messed Up” w/J Scott and Scott Trench