62 min listen
183: The "Frozen" Housing Market Reignites in 2024, Blackstone Buys Up BILLIONS
FromOn The Market
ratings:
Length:
37 minutes
Released:
Jan 25, 2024
Format:
Podcast episode
Description
The “frozen” housing market is about to get blowtorched as competition is set to heat up in 2024. With lower mortgage rates, bigger investor tax benefits, positive economic sentiment, and tight inventory, homebuyers will need to act fast unless they want to make the same mistakes of 2021 and 2022. Are the bidding wars and price hikes coming back? Will we look back at 2023 as an “affordable” time to buy a house?
Welcome to the first On the Market Headlines Rumble Show! We’re putting Dave, Henry, James, and Kathy in a metaphorical cage match as they each bring hard-hitting headlines to knock each other out with bigger and better news. No physical punches will be thrown, but psychological piledrivers will be aplenty in today’s show.
We’ll talk about the “frozen” housing market reigniting in 2024 due to stiff competition, low inventory, and falling mortgage rates. Next, why Americans are giving up on college degrees and going straight into employment. A MASSIVE investor tax write-off could make a comeback as bonus depreciation goes BACK on the legislative table. Plus, why Blackstone, everyone’s favorite hedge fund, is buying BILLIONS of dollars in housing in the US and Canada.
In This Episode We Cover
Housing market competition and what could cause higher prices, bidding wars, and more seller power
A 100% bonus depreciation comeback and whether investors should bet on bigger write-offs
Sinking college confidence and the surprising statistics showing Americans’ lost faith in higher education
New housing starts numbers that could signal even MORE competition to come
Blackstone’s $3.5 BILLION bet on the American (and Canadian) housing market
Newest consumer sentiment survey results showing a surprising change of tune for Americans
And So Much More!
Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-183
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
Welcome to the first On the Market Headlines Rumble Show! We’re putting Dave, Henry, James, and Kathy in a metaphorical cage match as they each bring hard-hitting headlines to knock each other out with bigger and better news. No physical punches will be thrown, but psychological piledrivers will be aplenty in today’s show.
We’ll talk about the “frozen” housing market reigniting in 2024 due to stiff competition, low inventory, and falling mortgage rates. Next, why Americans are giving up on college degrees and going straight into employment. A MASSIVE investor tax write-off could make a comeback as bonus depreciation goes BACK on the legislative table. Plus, why Blackstone, everyone’s favorite hedge fund, is buying BILLIONS of dollars in housing in the US and Canada.
In This Episode We Cover
Housing market competition and what could cause higher prices, bidding wars, and more seller power
A 100% bonus depreciation comeback and whether investors should bet on bigger write-offs
Sinking college confidence and the surprising statistics showing Americans’ lost faith in higher education
New housing starts numbers that could signal even MORE competition to come
Blackstone’s $3.5 BILLION bet on the American (and Canadian) housing market
Newest consumer sentiment survey results showing a surprising change of tune for Americans
And So Much More!
Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-183
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:
Jan 25, 2024
Format:
Podcast episode
Titles in the series (100)
6: The Not-So-Scary Way to Start Buying Real Estate in 2022: Maybe you wanted to know how to invest in real estate back in early 2020. You took some time to educate yourself by listening to podcasts and reading books. Then you went and got preapproved, found yourself an agent, and were ready to start hitting the pavement, searching for your first real estate deal. While you were on your hunt for profitable houses, the world started to shut down. Everyone was forced inside, the real estate market locked up, and you thought “maybe I should wait this one out.” Now, it’s 2022, and the housing market is arguably the most competitive it has been in decades. You missed your shot, right? Now you can never invest in real estate…or so you think. Dave Meyer, On The Market Host and VP of Data and Analytics at BiggerPockets, is here with Henry Washington, Jamil Damji, and Kathy Fettke to argue that you should still be investing in real estate. Even with rising interest rates, high home prices, and by On The Market