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1275 - There Is an Interest Rate That Will Unfreeze the Market—But Will We Ever Get There? By Anna Cottrell

1275 - There Is an Interest Rate That Will Unfreeze the Market—But Will We Ever Get There? By Anna Cottrell

FromBiggerPockets Daily


1275 - There Is an Interest Rate That Will Unfreeze the Market—But Will We Ever Get There? By Anna Cottrell

FromBiggerPockets Daily

ratings:
Length:
10 minutes
Released:
Apr 11, 2024
Format:
Podcast episode

Description

Last week, Realtor.com published another version of its ‘‘magic number’’ forecast. The number in question is the mortgage rate number low enough to ‘‘unfreeze’’ the real estate market. 
We know that the market has been in something of a gridlock for over a year now:


Home prices are very high and keep rising.

Mortgage rates are high and aren’t showing much of a downward trend.

There aren’t enough homes to go around, especially those that are remotely affordable.

Something has to give. 
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Released:
Apr 11, 2024
Format:
Podcast episode

Titles in the series (100)

BiggerPockets Daily takes the real estate investing wisdom contained in tens of thousands of BiggerPockets Blog articles and converts it into a convenient daily audio experience... because you can't have your face in a screen while you're out there living your busy life. Rental properties, house flipping, wholesaling... it's all here. And unlike other daily podcasts, the information is timeless – so you can learn on your timeline. Skip episodes, take a break, then binge and catch up. Or just make us a part of your daily routine!