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865: Debunking the Housing Market: Why 86% of Americans Are Wrong About Real Estate

865: Debunking the Housing Market: Why 86% of Americans Are Wrong About Real Estate

FromBiggerPockets Real Estate Podcast


865: Debunking the Housing Market: Why 86% of Americans Are Wrong About Real Estate

FromBiggerPockets Real Estate Podcast

ratings:
Length:
36 minutes
Released:
Jan 1, 2024
Format:
Podcast episode

Description

Most Americans believe that buying a house is a BAD idea right now. With so much hate on the housing market from everyday people, why are expert investors buying more than ever? Do they know something that we don’t? Or is it just because they have more money and experience than the rookie real estate investor or first-time home buyer? Nope, it’s even more simple than that!
We rounded up four housing market experts who actively invest to get their takes on the 2024 housing market. David Greene, expert investor; Rob Abasolo, the king of short-term rentals; Dave Meyer, host of On the Market, and Henry Washington, house flipper and buy and hold investor, are here to give us their takes on whether buying a home could a be good, bad, or ugly decision this year. 
The experts also review top surveys that highlight consumer, home buyer, and investor sentiment, plus what they think the best move to make in 2024 is. Take it from four investors who have built considerable wealth through real estate; following the masses isn’t always your best bet. 
In This Episode We Cover:
Why most Americans think now is a BAD time to buy real estate 
Rock-bottom consumer sentiment, rising credit card debt, and more 2024 economic headwinds 
The split investor survey that shows why SO many investors are on the fence 
The effects of falling mortgage rates and whether or not now is a good time to sell 
Who should NOT be investing in real estate right now (or ever)
The 2024 investing moves that could make you rich in the long-run 
And So Much More!
Links from the Show
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Ask David Your Question
David's BiggerPockets Profile
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Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Hear More from Dave and Henry on the “On the Market” Podcast
Is Buying a Bad Decision?
Real Estate Investing For Beginners: How To Get Started
Fannie Mae National Housing Survey
University of Michigan Consumer Sentiment
Fall 2023 RCN Investor Sentiment Survey
Connect with Dave:
Dave's BiggerPockets Profile
Dave's Instagram
Connect with Henry:
Henry's BiggerPockets Profile
Henry's Instagram
 
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-865
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Released:
Jan 1, 2024
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.