61 min listen
102: The $1.5T Ticking Time Bomb and Our Return to a “Normal” Housing Market
FromOn The Market
ratings:
Length:
42 minutes
Released:
May 8, 2023
Format:
Podcast episode
Description
Don’t you miss the “normal” housing market? You know, a few years back when buyers didn’t have to bludgeon other bidders just to get into a reasonably priced house? The times when the average American could afford a roof over their head, and sellers actually had a reason to put their homes on the market. Well, we may be returning to a “normal” housing market faster than you think, but a few key things will need to happen first.
We’re back on On the Market, bringing you the most up-to-date housing market headlines, separating fact from fiction, and giving you everything you need to know to make the best investment decisions. This time, we’re running through four of the top stories in our newsfeeds. First, James touches on the $1.5T ticking time bomb that commercial real estate faces and what happens if a wave of debt gets defaulted on.
Next, we’ll shift into more residential territory as Kathy dissects the “divided” housing market and updates us on how post-pandemic boomtowns are faring. Then, a return to normalcy, as Henry hits on how the 2023’s housing market correction could give homebuyers some leverage they deserve. Finally, mortgage rate updates and whether or not the spring season of homebuying will “survive” as buyers see a bump in their rates. Stick around to get all the info you need to build your real estate portfolio, so when ChatGPT takes your job, you’ll have some passive income to rely on!
In This Episode We Cover
Post-inflation car, food, and gas prices and Kathy’s $20 carton of eggs
Commercial real estate debt and what happens if owners start to default
The “divided” housing market and how cities that saw MASSIVE appreciation are faring now
The 2023 real estate correction and good news for buyers as the market starts to stabilize
Mortgage rate bumps and whether or not this will hurt the traditionally hectic spring homebuying season
Using ChatGPT to find real estate deals, write property descriptions, and get more deals done
And So Much More!
Links from the Show
Find an Agent
Find a Lender
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
James' BiggerPockets Profile
James' Instagram
Jamil's BiggerPockets Profile
Jamil's Instagram
Kathy's BiggerPockets Profile
Kathy's Instagram
Articles Mentioned in Today’s Show:
Commercial Debt
Divided Housing Market
2023 Housing Market Correction
Will Spring’s Market “Survive?
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-102
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
We’re back on On the Market, bringing you the most up-to-date housing market headlines, separating fact from fiction, and giving you everything you need to know to make the best investment decisions. This time, we’re running through four of the top stories in our newsfeeds. First, James touches on the $1.5T ticking time bomb that commercial real estate faces and what happens if a wave of debt gets defaulted on.
Next, we’ll shift into more residential territory as Kathy dissects the “divided” housing market and updates us on how post-pandemic boomtowns are faring. Then, a return to normalcy, as Henry hits on how the 2023’s housing market correction could give homebuyers some leverage they deserve. Finally, mortgage rate updates and whether or not the spring season of homebuying will “survive” as buyers see a bump in their rates. Stick around to get all the info you need to build your real estate portfolio, so when ChatGPT takes your job, you’ll have some passive income to rely on!
In This Episode We Cover
Post-inflation car, food, and gas prices and Kathy’s $20 carton of eggs
Commercial real estate debt and what happens if owners start to default
The “divided” housing market and how cities that saw MASSIVE appreciation are faring now
The 2023 real estate correction and good news for buyers as the market starts to stabilize
Mortgage rate bumps and whether or not this will hurt the traditionally hectic spring homebuying season
Using ChatGPT to find real estate deals, write property descriptions, and get more deals done
And So Much More!
Links from the Show
Find an Agent
Find a Lender
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
James' BiggerPockets Profile
James' Instagram
Jamil's BiggerPockets Profile
Jamil's Instagram
Kathy's BiggerPockets Profile
Kathy's Instagram
Articles Mentioned in Today’s Show:
Commercial Debt
Divided Housing Market
2023 Housing Market Correction
Will Spring’s Market “Survive?
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-102
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Released:
May 8, 2023
Format:
Podcast episode
Titles in the series (100)
3: 8 Homerun Housing Markets of 2022 (and Beyond!): When choosing a 2022 housing market strategy, you’ll need a few key ingredients. Things like job growth, population growth, affordability, and new construction are just a few ways to see whether or not a real estate market will stand the test of time. As the housing market begins to see some stalled demand and we enter into potentially “bubblicious” territory, the smart investor begins looking for the best place to park their money for the long term.Back again for our second episode of On The Market is VP of Data and Analytics at BiggerPockets, Dave Meyer, buy-and-hold addict, Henry Washington, head honcho of wholesaling, Jamil Damji, and our resident Californian, Kathy Fettke. This time, we’ll be touching on the latest data and news claiming that the US is starting to enter into a housing market bubble and how demand has sharply declined since interest rates have begun to rise.We also share our favorite 2022 housing market picks for by On The Market