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604: BiggerNews May: What the Media Isn't Telling You About a “Housing Crash”

604: BiggerNews May: What the Media Isn't Telling You About a “Housing Crash”

FromBiggerPockets Real Estate Podcast


604: BiggerNews May: What the Media Isn't Telling You About a “Housing Crash”

FromBiggerPockets Real Estate Podcast

ratings:
Length:
67 minutes
Released:
May 3, 2022
Format:
Podcast episode

Description

It’s a housing market crash! It’s a housing market bubble! It’s a relatively normal and stable housing market! Two of these statements might make you excited, anxious, or hopeful, while one simply makes you yawn. For years, we’ve heard numerous news outlets, forecasters, and housing authorities tell us that the next housing crash is right around the corner, only for home prices to skyrocket, interest rates to rise, and demand to stay red-hot.If you want to know if a housing market crash is coming, Rick Sharga, Executive Vice President at ATTOM, a leading provider of nationwide property data, is the person to talk to. His entire job is based on finding and figuring out the data behind housing market movements, which he then presents to field leaders who are trying to make better buying, selling, and lending decisions.Rick is an industry vet and was around during the mid-2000s housing market crash, the great recession, the foreclosure crisis, and everything that followed. Rick has seen the runup in housing prices over the past two years and has some interesting theories as to where we’re headed next. Whether you think we’re in for smooth sailing or on the cusp of another crash, Rick’s predictions may surprise you. In This Episode We Cover:Why competition has recently fallen and whether or not this is permanent for the housing market The difference between 2022’s housing market and the 2007/2008 housing marketWhether or not raising interest rates has affected hot housing marketsIf we’re entering bubble territory and how to tell the real estate market is going southWhich real estate markets are primed for a correction in 2023 (and beyond)How to get ahead of the foreclosure auctions in a “high equity” housing market And So Much More!Links from the showATTOM Data SolutionsOn The Market PodcastRedfinZillowFannie Mae Wallstreet JournalWeatlh TrackFederal Housing Administration (FHA)BlackstoneRealtyTracYoutubeTiktok  Dave Meyer's Instagram @thedatadeliBiggerPockets YoutubeDavid Greene's Instagram @davidgreene24David Greene Real Estate (Youtube)Rick's LinkedInRick's Twitter @rickshargaClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-603See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
May 3, 2022
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.