58 min listen
114: Home Price Predictions, Affordability False Flags, and 40-Year Mortgages
FromOn The Market
ratings:
Length:
44 minutes
Released:
Jun 16, 2023
Format:
Podcast episode
Description
Housing market forecasts, affordability false flags, forty-year mortgages, and a baby boomer shopping spree. Today, we’re touching on anything and everything affecting the housing market as the full On the Market panel joins Dave Meyer to answer YOUR most-asked questions. Dave has been collecting questions from viewers to have a rapid-fire question-answering round with some of today’s top real estate investing experts. If you want to know what will happen next in the housing market, tune in!
We invited the whole crew to give their opinions on today’s investing market. We’ll talk about whether the real estate market’s “crash” is tied to stock performance, affordability and how ADUs (accessory dwelling units) may have shot home prices even higher, and the new forty-year mortgage and whether or not it’s a safe option for everyday home buyers. But, we’re also peaking into our crystal balls to give some BIG housing market predictions for the next few decades.
Kathy talks about how average home prices could hit seven figures (seriously!) within our lifetime and why buying now may be your last chance to snag an “affordable” home. Then, to wrap things up, our expert guests share which asset class they’d invest in TODAY that could lead to a HUGE payoff in just a few years. The market is changing; stick around so you’re not left behind!
In This Episode We Cover
What we’d invest in TODAY that could see HUGE profits in the next few years
Finding the housing market’s bottom and whether or not we’ve already hit it
Housing affordability and why ADUs (accessory dwelling units) may have hurt home buyers
A thirty-year real estate prediction and how high home prices could get
The new forty-year mortgage, who’s applicable to get one, and affordable loan options
Baby boomer buyers, rising birth rates, and demographic trends that could seriously affect the market
Mortgage rates explained and why lenders won’t undercut their competition
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
Jamil's BiggerPockets Profile
Jamil's Instagram
Henry's BiggerPockets Profile
Henry's Instagram
James' BiggerPockets Profile
James' Instagram
Kathy's BiggerPockets Profile
Kathy's Instagram
Hear Our Interview with Chris Martenson
Housing is Unaffordable, But Could It Actually Get Worse?
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-114
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
We invited the whole crew to give their opinions on today’s investing market. We’ll talk about whether the real estate market’s “crash” is tied to stock performance, affordability and how ADUs (accessory dwelling units) may have shot home prices even higher, and the new forty-year mortgage and whether or not it’s a safe option for everyday home buyers. But, we’re also peaking into our crystal balls to give some BIG housing market predictions for the next few decades.
Kathy talks about how average home prices could hit seven figures (seriously!) within our lifetime and why buying now may be your last chance to snag an “affordable” home. Then, to wrap things up, our expert guests share which asset class they’d invest in TODAY that could lead to a HUGE payoff in just a few years. The market is changing; stick around so you’re not left behind!
In This Episode We Cover
What we’d invest in TODAY that could see HUGE profits in the next few years
Finding the housing market’s bottom and whether or not we’ve already hit it
Housing affordability and why ADUs (accessory dwelling units) may have hurt home buyers
A thirty-year real estate prediction and how high home prices could get
The new forty-year mortgage, who’s applicable to get one, and affordable loan options
Baby boomer buyers, rising birth rates, and demographic trends that could seriously affect the market
Mortgage rates explained and why lenders won’t undercut their competition
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
Jamil's BiggerPockets Profile
Jamil's Instagram
Henry's BiggerPockets Profile
Henry's Instagram
James' BiggerPockets Profile
James' Instagram
Kathy's BiggerPockets Profile
Kathy's Instagram
Hear Our Interview with Chris Martenson
Housing is Unaffordable, But Could It Actually Get Worse?
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-114
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Jun 16, 2023
Format:
Podcast episode
Titles in the series (100)
21: A Supply-Starved Market and How Investors Are Already Taking Advantage: Is some alleviation from inflated home prices headed our way? Over the past two years, sellers have taken the housing market for a ride, getting dozens of offers on every listed house. No matter the condition, area, or age of the property, buyers were filling open houses every weekend just to make an over-asking offer on what should be a reasonably priced house. Now, the tables are starting to turn, and as a result, sellers are getting desperate. Interest rates are rising and buyers are backing out of the market by the dozen. Instead of twenty offers in a weekend, sellers are looking at two, and none of them are over asking price. This is good news for home buyers and great news for investors, as deals are becoming easier to come by while the housing market hysteria takes a breather. We brought the entire On The Market panel in this week to see where they’re finding deals, how their own markets are fairing, and by On The Market