61 min listen
124: The Fed Just Got One More Reason to Hike Mortgage Rates
FromOn The Market
ratings:
Length:
39 minutes
Released:
Jul 21, 2023
Format:
Podcast episode
Description
Thought we were done with mortgage rate hikes? Not so fast. The Fed always has time to get mad about something else and push interest rates even higher. This time, a surprise job report makes the Fed furious and could lead to a much more difficult housing market for investors and homebuyers. But this news isn’t all we’ve got on this episode. We’re touching on some of the biggest stories across the housing market, summing them up, and sharing them with you so you can bob and weave with the ever-changing economy.
Want to invest in real estate with just a thousand bucks? If so, you’re NOT in luck because one prominent real estate crowdfunding platform has just gone bankrupt. But don’t worry; it’s not all doom and gloom. The new jobs report is painting a stellar economic picture but could lead to you having a more expensive loan. And for those that own short-term rentals, one housing market forecaster is predicting a mass sell-off due to Airbnb host income declining.
Finally, we’ll talk about home prices, whether they’re actually falling or not, and how home buyers are STILL bidding even during some of the lowest affordability we’ve ever seen. Keep your pulse on the property market; tune into this week’s real estate roundup!
In This Episode We Cover
Short-term rental stagnation and why hosts are seeing income dwindle
Whether or not a massive vacation home sell-off could come to the housing market
Mortgage rate hikes, new job numbers, and why the Fed is furious again
PeerStreet’s recent bankruptcy and what this means for crowdfunding investors
The half-truth of home prices “falling” and why some markets are still seeing bidding wars
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
Kathy's BiggerPockets Profile
Kathy's Instagram
James' BiggerPockets Profile
James' Instagram
Henry's BiggerPockets Profile
Henry's Instagram
Federal Student Loan Forgiveness Update: What Happens Now?
Airbnb Income
Home Prices
PeerStreet Goes Bankrupt
Rate Hikes and Jobs
Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-124
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
Want to invest in real estate with just a thousand bucks? If so, you’re NOT in luck because one prominent real estate crowdfunding platform has just gone bankrupt. But don’t worry; it’s not all doom and gloom. The new jobs report is painting a stellar economic picture but could lead to you having a more expensive loan. And for those that own short-term rentals, one housing market forecaster is predicting a mass sell-off due to Airbnb host income declining.
Finally, we’ll talk about home prices, whether they’re actually falling or not, and how home buyers are STILL bidding even during some of the lowest affordability we’ve ever seen. Keep your pulse on the property market; tune into this week’s real estate roundup!
In This Episode We Cover
Short-term rental stagnation and why hosts are seeing income dwindle
Whether or not a massive vacation home sell-off could come to the housing market
Mortgage rate hikes, new job numbers, and why the Fed is furious again
PeerStreet’s recent bankruptcy and what this means for crowdfunding investors
The half-truth of home prices “falling” and why some markets are still seeing bidding wars
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
Kathy's BiggerPockets Profile
Kathy's Instagram
James' BiggerPockets Profile
James' Instagram
Henry's BiggerPockets Profile
Henry's Instagram
Federal Student Loan Forgiveness Update: What Happens Now?
Airbnb Income
Home Prices
PeerStreet Goes Bankrupt
Rate Hikes and Jobs
Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-124
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:
Jul 21, 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