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541: BiggerNews December: Zillow Quits Flipping, Inflation News, & "Power Buyers"

541: BiggerNews December: Zillow Quits Flipping, Inflation News, & "Power Buyers"

FromBiggerPockets Real Estate Podcast


541: BiggerNews December: Zillow Quits Flipping, Inflation News, & "Power Buyers"

FromBiggerPockets Real Estate Podcast

ratings:
Length:
53 minutes
Released:
Dec 7, 2021
Format:
Podcast episode

Description

Will inflation sink real estate? Is Zillow out of the iBuyer game? And why does my cash offer mean less than it did last year? Dave Meyer, VP of Data and Analytics at BiggerPockets, has heard your questions through BiggerPockets forum posts, YouTube videos, and on Instagram. This data-loving sandwich connoisseur is back to walk you through the biggest stories in real estate.As incredible as Zillow Offers was, it looks like it won’t be around any longer (at least for a while) since having a half a billion-dollar loss in Q3 of 2021. With Zillow’s exit from the iBuyer and flipping market, other big players like Opendoor and Offerpad have come in to fill the gap. But, what about the new “Power Buyers” in the market? Will they help or hurt real estate investors?We’ve also seen a run-up in inflation over this past year, causing home prices to artificially soar (especially when paired with low interest rates). So what is the best move for a real estate investor to make in today’s market? Take advantage of low-interest mortgages and all-time high rent prices, or wait for a supposed housing market crash or correction?In This Episode We Cover:Why Zillow cut their losses and exited the iBuying arenaThe new “Power Buyers” in the housing market and how they could help investors like youWhat a 30-year high inflation rate means for asset pricesHow to take advantage of record-low interest rates for long-term cash flowThe cities in the US with the highest growing rent prices What to look for in a rental depending on your estimated retirement ageAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Youtube ChannelZillowiBuyerOpendoorOfferpadRedfinBiggerPockets Podcast 480: Making $200k a Month After Being on the Verge of BankruptcyKnock.comOrchardHomewardBand ProtocolCheck the full show notes here: http://biggerpockets.com/show541See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Dec 7, 2021
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.