62 min listen
39: Why The Fed Is Rooting for a Housing Market Correction
FromOn The Market
ratings:
Length:
34 minutes
Released:
Sep 30, 2022
Format:
Podcast episode
Description
The Federal Reserve has spent the past year or so fighting inflation as hard as they can. They’ve raised the federal funds rates, resulting in a stunted housing market, higher unemployment, and more economic uncertainty as the fear of a recession becomes more real by the second. Their end goal is simple: control the cost of goods and services to the best of their ability, and they’re doing anything and everything to get there.
Last week, Jerome Powell and the Federal Reserve made statements that foreshadow clear economic impact. No matter what line of work you’re in, how you’re investing, or whether or not you even pay attention to the economy, you will be affected. This war against inflation has caused some serious economic backlash, but the worst may be yet to come.
On this Friday episode of On The Market, Dave takes some time to decipher what Jerome Powell (Chair of the Fed) meant by his statements. What type of economic impact can you expect over the next coming months, and how will real estate investing, interest rates, and returns be affected by this news? If you’re a renter, homeowner, or still shopping the market, this news directly affects you.
In This Episode We Cover
How federal funds rates indirectly affect mortgage rates rising and falling
Mortgage and interest rate predictions and how long we’ll remain in “high rate” territory
The Fed’s focus in the next few years and what they’ll do to ensure inflation declines
Housing market forecasts for 2023 and a glimmer of hope for buyers
The oncoming economic recession and how the Fed is building the perfect storm for unemployment
Bond yields vs. mortgage rates and how they too work in tandem
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
Housing is Unaffordable, But Could It Actually Get Worse?
The Fed Basically Admitted It. They Want a Housing Correction
Read Jerome Powell’s Full FED Transcript
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-39
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
Last week, Jerome Powell and the Federal Reserve made statements that foreshadow clear economic impact. No matter what line of work you’re in, how you’re investing, or whether or not you even pay attention to the economy, you will be affected. This war against inflation has caused some serious economic backlash, but the worst may be yet to come.
On this Friday episode of On The Market, Dave takes some time to decipher what Jerome Powell (Chair of the Fed) meant by his statements. What type of economic impact can you expect over the next coming months, and how will real estate investing, interest rates, and returns be affected by this news? If you’re a renter, homeowner, or still shopping the market, this news directly affects you.
In This Episode We Cover
How federal funds rates indirectly affect mortgage rates rising and falling
Mortgage and interest rate predictions and how long we’ll remain in “high rate” territory
The Fed’s focus in the next few years and what they’ll do to ensure inflation declines
Housing market forecasts for 2023 and a glimmer of hope for buyers
The oncoming economic recession and how the Fed is building the perfect storm for unemployment
Bond yields vs. mortgage rates and how they too work in tandem
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
Housing is Unaffordable, But Could It Actually Get Worse?
The Fed Basically Admitted It. They Want a Housing Correction
Read Jerome Powell’s Full FED Transcript
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-39
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
Released:
Sep 30, 2022
Format:
Podcast episode
Titles in the series (100)
6: The Not-So-Scary Way to Start Buying Real Estate in 2022: Maybe you wanted to know how to invest in real estate back in early 2020. You took some time to educate yourself by listening to podcasts and reading books. Then you went and got preapproved, found yourself an agent, and were ready to start hitting the pavement, searching for your first real estate deal. While you were on your hunt for profitable houses, the world started to shut down. Everyone was forced inside, the real estate market locked up, and you thought “maybe I should wait this one out.” Now, it’s 2022, and the housing market is arguably the most competitive it has been in decades. You missed your shot, right? Now you can never invest in real estate…or so you think. Dave Meyer, On The Market Host and VP of Data and Analytics at BiggerPockets, is here with Henry Washington, Jamil Damji, and Kathy Fettke to argue that you should still be investing in real estate. Even with rising interest rates, high home prices, and by On The Market