Last week, the Federal Reserve both surprisingly and unsurprisingly raised rates. For weeks leading up to this meeting, investors had a glimmer of hope that the historical rate hikes would end and that we could finally look forward to a time of reasonable mortgage rates and sustainable home prices. But, even with high rates, the housing market has taken some surprisingly strong wins. We’ll get into today’s top real estate-related stories in this episode!

Welcome back to another correspondents show where our “housing market data without the hysteria” expert guests bring in some of the most hard-hitting headlines that could affect real estate investors. Dave starts by professing his deep respect for Jerome Powell’s decision to hike rates even higher and goes into why the Fed could be playing “mind games” with the American people. Next, Henry hits on how home price drops just hit a new threshold not seen in over a decade!

Back on the residential side, James breaks down the good news for February home sales, but soon after, Jamil and Kathy touch on commercial real estate stats that have banks, lenders, and investors starting to sweat. But, what could be bad news for some is great news for others, and if you’ve been looking to pick up steals and deals during a time when competition is low, now may be the PERFECT time to get in the market!

In This Episode We Cover

Interest rates rise again as the Fed plays “mind games” with the American public

Home price updates and why the housing market just crossed into 2012 territory

Housing market momentum and why homebuyers have gotten back into the game

The commercial real estate crash and why CRAZY deals could be around the corner

Liquidity tightening and why raising capital and getting mortgages could become a lot harder

The HUGE opportunity to invest in a certain asset class that could make a big comeback

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Forums

BiggerPockets Agent

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

Henry's BiggerPockets Profile

Henry's Instagram

Jamil's BiggerPockets Profile

Jamil's Instagram

Kathy's BiggerPockets Profile

Kathy's Instagram

James' BiggerPockets Profile

James' Instagram

Watch Our Interview with Mark Zandi, Chief Economist at Moody’s Analytics, On the Recent Bank Failures

Stories from Today’s Show:

Home Prices Drop

February Home Sales

Commercial Real Estate Prices Slide

Liquidity and Commercial Real Estate

Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-91

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices

91: The Fed Starts Playing “Mind Games” as Rates Rise, Home Prices Fall 49:23 Share

On The Market

Shownotes Transcript

91: The Fed Starts Playing “Mind Games” as Rates Rise, Home Prices Fall