61 min listen
107: The 2023 Market Showdown: Which Area Offers Investors the MOST Opportunity?
FromOn The Market
ratings:
Length:
43 minutes
Released:
May 26, 2023
Format:
Podcast episode
Description
The US real estate market is a bit complex. In the South, homes are still quickly getting under contract as those from the North and West move to warmer climates. But demand is brewing in states that you probably haven’t even considered. Plus, a comeback no one expected could be on the horizon. In a market like 2023, anything and everything is up for grabs, and we could be back to the wild housing market we thought was left behind in 2022.
To put each area of America head-to-head, we’ve got Dave Meyer, Henry Washington, James Dainard, and Kathy Fettke, representing the Northeast, South, West Coast, and Midwest, respectively. Each of these markets has its own set of benefits, ranging from affordability to strong job growth, optimal climates, and appreciation. So which area could be the best bet for investors in 2023?
We’ll touch on the latest housing market data to see where each of these regions stand, where median home prices are heading, why often overlooked markets are finally getting the attention they deserve, and whether or not the West Coast truly is the best coast. If you want to invest but don’t know where, stick around!
In This Episode We Cover
Pitting the Northeast, South, West Coast, and Midwest markets against each other
The surprising cities that are seeing HUGE competition even during a slow housing market
Tertiary markets outside of big metros that could be solid investing areas
A West Coast comeback and why demand is increasing in traditionally high-priced cities
MASSIVE price jumps throughout the South (and the few cities where prices are falling fast)
Affordable appreciation and why markets with low-priced homes won’t stay that way for long
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
James' BiggerPockets Profile
James' Instagram
Henry's BiggerPockets Profile
Henry's Instagram
Kathy's BiggerPockets Profile
Kathy's Instagram
Hear Our Interview with Fortune’s Lance Lambert on the “Polarized” Housing Market
The Top 10 Housing Markets Forecasted For Strong Demand This Decade
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-107
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
To put each area of America head-to-head, we’ve got Dave Meyer, Henry Washington, James Dainard, and Kathy Fettke, representing the Northeast, South, West Coast, and Midwest, respectively. Each of these markets has its own set of benefits, ranging from affordability to strong job growth, optimal climates, and appreciation. So which area could be the best bet for investors in 2023?
We’ll touch on the latest housing market data to see where each of these regions stand, where median home prices are heading, why often overlooked markets are finally getting the attention they deserve, and whether or not the West Coast truly is the best coast. If you want to invest but don’t know where, stick around!
In This Episode We Cover
Pitting the Northeast, South, West Coast, and Midwest markets against each other
The surprising cities that are seeing HUGE competition even during a slow housing market
Tertiary markets outside of big metros that could be solid investing areas
A West Coast comeback and why demand is increasing in traditionally high-priced cities
MASSIVE price jumps throughout the South (and the few cities where prices are falling fast)
Affordable appreciation and why markets with low-priced homes won’t stay that way for long
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
James' BiggerPockets Profile
James' Instagram
Henry's BiggerPockets Profile
Henry's Instagram
Kathy's BiggerPockets Profile
Kathy's Instagram
Hear Our Interview with Fortune’s Lance Lambert on the “Polarized” Housing Market
The Top 10 Housing Markets Forecasted For Strong Demand This Decade
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-107
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Released:
May 26, 2023
Format:
Podcast episode
Titles in the series (100)
14: The Crash Predictors Are Wrong, Here’s Why with Logan Mohtashami: The housing market is confusing, to say the least. In 2020, at the start of lockdowns, nearly everyone you spoke to had the opinion that the housing market was headed straight for a crash. Not only was this wrong, but it was the opposite of what the data was saying. While mainstream news outlets and “2008 crash bros” were painting a picture of foreclosures, price drops, and bottomed-out demand, Logan Mohtashami was singing a far different tune. Logan had been looking diligently at the data (like he does most days over at HousingWire) and he saw patterns that didn’t at all reflect the last recession. Instead, Logan predicted a runup in prices, hot buyer demand, and very low rates of foreclosures. In a time when almost everyone with a public voice was calling for an apocalyptic housing scene, Logan predicted much differently. Now, two or so years later, we can see just how right he was. We’ve brought this beloved data- by On The Market