Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

27: Is My Market About to Crash? The 5 Major Metrics to Look at

27: Is My Market About to Crash? The 5 Major Metrics to Look at

FromOn The Market


27: Is My Market About to Crash? The 5 Major Metrics to Look at

FromOn The Market

ratings:
Length:
31 minutes
Released:
Aug 19, 2022
Format:
Podcast episode

Description

Real estate markets are local, not national. When someone says, “the housing market is about to drop,” you have to ask, “which housing market?” Every city has different migration patterns, housing market activity, building codes, and inventory. One market in the Midwest could see price jumps while somewhere on the coast sees declines. So, which markets are getting hit hardest in the latest round of price cuts and which are still on their way up?
You’ll need to know the different housing market metrics before making a prediction. But you don’t have to look into the data by yourself. You have Dave Meyer by your side! Dave has been looking at a few key markets to uncover which are seeing home price drops and which are seeing appreciation. Traditionally “strong” cities are getting hit the hardest as interest rates rise and inventory comes on the market. 
Some cities look like they’ll see double-digit price cuts over the next two years, while others that have already seen record price growth will continue to outshine their more well-known coastal counterparts. As an investor, this is the exact type of data you need to know when making housing market decisions. The right market could lead you to financial freedom, while the wrong one could burn your hard-earned capital! 
In This Episode We Cover
The five most important housing market metrics to predict future price trends
Why coastal cities are getting hit hard by recent home prices declines 
Which factors are causing increased prices and which are forcing down declines
Looking at long-term and short-term growth rates to forecast prices 
Why some markets are starting to return to “pre-pandemic” housing market conditions 
The ongoing affordability crisis and why many homebuyers can’t afford homes in popular markets 
And So Much More!
Links from the Show
BiggerPockets Forums
BiggerPockets Agent
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
Find an Investor Friendly Agent in Your Area
Dave’s BiggerPockets Profile
Dave’s Instagram
Dave’s Housing Market Data
Black Knight
Moody’s Analytics
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-27
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
Released:
Aug 19, 2022
Format:
Podcast episode

Titles in the series (100)

The modern real estate investor doesn’t have time to research every headline and trend. That’s why BiggerPockets' Dave Meyer and his expert panel do it for you. Learn how to invest smarter in today’s economic environment.