On The Market

Real estate is one of the most tax-advantaged investments in the country. With bonus depreciation, opportunity zone investing, 1031 exchanges, and more, investing in real estate is not only the best way to build wealth—it’s the key to tax-free (or deferred) wealth. So, with a Republican-controlled House and Senate, will new tax proposals favoring real estate investments pass? We’ve got some news that could make 2025 a “game-changer” year for real estate investors. CPA Brandon Hall joins us to break it down. With numerous proposals floated to restore 100% bonus depreciation, extend opportunity zone investments, and eliminate taxes on tips, overtime, and Social Security, 2025’s tax laws could look very different if these changes pass. Plus, there’s one huge real estate tax write-off you’re (probably) not taking advantage of. Brandon shares how investors can write off even more during rehabs and renovations, using a specific tax deduction most investors have never heard of. Find investor-friendly tax and financial experts with BiggerPockets Tax & Financial Services Finder! In This Episode We Cover 100% bonus depreciation—is it coming back, and when could it go into effect? The most commonly missed real estate tax write-off you MUST know about Tax-free income sources and which types of income could dodge Uncle Sam’s grip Opportunity zone updates and whether this tax-deferred investment will be renewed Still doing your taxes? Tell your CPA this BEFORE you file And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-friendly Tax and Financial Experts Dave's BiggerPockets Profile What Is Bonus Depreciation And How Does It Work? Brandon's BiggerPockets Profile Work with Brandon’s Team Top 2025 Tax Strategies For Real Estate Investors Buy “The Book on Tax Strategies for the Savvy Real Estate Investor” Jump to topic: (00:00) - Intro (01:14) - Bonus Depreciation Update (08:53) - A Massive Missed Deduction (12:54) - Tell Your CPA This (14:29) - Tax Cuts Get Extended? (18:58) - New Tax Proposals (20:41) - Renewing Opportunity Zones (23:04) - When Bonus Depreciation Could Return Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-305 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Stocks are struggling, recession fears are ramping up, and investors are starting to worry. The stock market has been falling for weeks, major indexes are down, and new (rapidly changing) tariffs are only making things worse. But what does this actually mean for your investments? Is this just a stock market correction, or could real estate soon suffer the same fate? Today, we’re breaking down what’s going on in the US economy: why stocks are tanking, how the housing market could react, and what smart investors are doing right now. Should you sell, hold, or shift your stocks into real estate? Dave shares a big move he just made with his own portfolio and why he’s rethinking his investment strategy heading into a potential recession. With so much uncertainty, you need to know what actually matters (and what doesn’t) for your portfolio. Will falling stock prices inadvertently trigger a real estate boom? Could lower inflation and interest rate cuts save the market? And most importantly—what should you do next? We can’t give you financial advice, but Dave is sharing what he’s doing with his money in this episode. In This Episode We Cover Why the stock market is sliding and whether a recession is next The psychological impact of new tariffs on the economy (and YOUR investments) The almost unbelievable (and borderline frightening) metric about consumer spending Why Dave sold a sizable chunk of his stock portfolio (and where that money is going) How a stock market correction could shake up the housing market What lower inflation and possible rate cuts could mean for real estate The key economic signals you NEED to watch over the next few months And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile Stock Market Volatility Makes Real Estate Look a Whole Lot Better Invest in Any Market Cycle with “Recession-Proof Real Estate Investing” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-304 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Is the mortgage industry still safe? The Consumer Financial Protection Bureau (CFPB) has been ordered to halt all work while awaiting a new Trump-appointed director. While you may not often hear about this government agency, the CFPB plays a huge role in the mortgage industry and is the reason 2008-style lending practices have not been brought back to the market. With uncertainty surrounding the CFPB—will it be downsized, shut down, or remain unchanged?—many in the mortgage and real estate industries are concerned about what’s next. Chris Willis, host of The Consumer Finance Podcast, joins the show to share how the Trump administration is thinking of restructuring the CFPB and limiting the scope of its protections. Will the new CFPB director scale back some of the more inclusive mortgage lending practices or keep them the same? Could your bank account and credit card fees change due to a less strict CFPB directive, and what does this mean for YOU getting your next mortgage? This agency has bigger effects than many Americans realize, so we’re sharing what’s coming next. In This Episode We Cover The Consumer Financial Protection Bureau (CFPB) explained, what they do, and how they influence mortgage lending Why the Trump administration is taking aim at this agency and halting work The one piece of legislation protecting strict mortgage laws in America (could it be changed?) The difference between Biden-led and Trump-led CFPB initiatives How the CFPB affects your mortgages, credit cards, and bank accounts And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile On The Market 300 - Mortgage Rates Hit 2025 Low as Recession Fears Rise The Consumer Finance Podcast Grab Dave’s Newest Book, “Start with Strategy” Jump to topic: (00:00) Intro (00:41) The CFPB Explained (04:52) Taking Massive Financial Action (07:48) How the CFPB Affects Mortgages (09:57) Will Trump Administration End It? (15:35) Scaling Back the CFPB (16:49) These Changes Affect Americans (20:06) What Investors Must Watch Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-303 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mortgage rates are down, so the housing market should be entering a frenzy…right? Not quite. The buyer’s market seems alive and well, with sellers offering concessions as the housing market visibly “slows.” What’s causing it? New inventory hitting the market? Tariff talks leading to higher housing costs? We’re getting into it all in this episode as we hit on four of last week’s top headlines. First, how much will a new home cost now that tariffs are in place? With lumber, labor, and material prices all rising, there could be a five-figure added cost per home for homebuilders, making it even more expensive for buyers. Will labor costs continue to rise in 2025 after years of solid growth, or will renovators and flippers finally get relief? The housing market is slowing down even as we get closer to the spring homebuying season. Home prices are DOWN year-over-year, but one caveat makes this a half-truth. With more inventory hitting the market, buyers could have their pick! And that inventory could grow even greater as mortgage delinquencies start to rise—should we begin to worry? Enough speculation; let’s get into it! In This Episode We Cover How much more a new home will cost with the 2025 tariffs now put in place A worrying statistic about mortgage delinquencies investors must pay attention to Labor and material cost predictions for 2025: Can they keep rising? Updated housing inventory metrics and why sellers are struggling, ready to give concessions Why Henry really needs a hug this week And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On The Market 301 - Mortgage Rates Fall EVEN Further as “Tariff Tuesday” Triggers Stock Sell-Off Here’s how tariffs will hit the U.S. housing market Construction Industry Cost Insights for Q1 2025 Realtor’s February 2025 Monthly Housing Market Trends Report Mortgage Delinquencies Increase in the Fourth Quarter of 2024 Case-Shiller Index Grab Henry’s Book, “Real Estate Deal Maker” Jump to topic: (00:00) Henry Needs a Hug (02:23) Homes Could Cost $10K More (08:04) Construction Prices Rise (11:36) The Market SLOWS Down (19:55) Mortgage Delinquencies Are UP Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-302 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

“Tariff Tuesday” just hit, and the economic ripple effects are already in motion. The stock market saw a significant sell-off, key recession indicators are flashing, and mortgage rates dropped yet again. These shifts could have a major impact on the economy, but will they spill over into real estate? And as an investor, could your costs rise even more? In this episode, Dave breaks down what actually happened on “Tariff Tuesday,” which tariffs were imposed, and how they could shape the months ahead. We’ll cover how different countries are responding and what this could mean for inflation, the stock market, and what you really want to hear about—mortgage rates. Could rates continue their months-long decline, or are we bottoming out for 2025? These new tariffs directly affect real estate investors and anyone within the industry, but is Dave changing his investing strategy for 2025? Should you second-guess your stock portfolio and search for more stable assets as the market rollercoaster continues? We’re getting into it in this episode! In This Episode We Cover The “recession indicators” going off that have economists and everyday Americans worried Why mortgage rates are FALLING even though inflation concerns are rising Whether tariffs will make real estate investing even more expensive (and which homes will be hit the hardest) The stock market’s “Tariff Tuesday” reaction and what it signals about the economy Retaliatory tariffs and which countries are firing back at the Trump administration And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile On the Market 293 - New Tariffs Mean Much More for Mortgage Rates Than You Think Invest in Any Market Cycle with “Recession-Proof Real Estate Investing" Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders New Tariffs Mean Much More for Mortgage Rates Than You Think Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-301 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mortgage rates are now at their lowest point in months, giving homebuyers and real estate investors some much-needed relief. But it isn’t all good news. With lower mortgage rates comes more market volatility, a weaker job market, recession risks, and new inflation fears. A lot is impacting the housing market, and in a time when nothing seems to make sense, Dave is breaking down the logic behind why mortgage rates are falling even as the Fed pauses. First, let’s talk about the good news: mortgage rates dropping half a percentage point from their three-month high to hit a new 2025 low. This is great news for buying real estate but may signal a bigger, more substantial economic shift. The bad news? Americans are growing fearful of the economy. A recession seems like it’s still in the cards, unemployment is rising, high-paying jobs are getting terminated left and right, and everything costs more. With all that taken into account, what should YOU, a real estate investor, do right now to ensure you still build wealth regardless of which direction the market moves? Should you lock down a mortgage rate now or wait for even greater interest rate relief? Stick around; Dave is giving a full analysis of today’s economic state. In This Episode We Cover A new 2025 mortgage rate LOW as rates drop below the 7% threshold Why Americans are pinching pennies and fearing for the economy Is a recession still possible, or are we close enough to a “soft landing”? How tariffs, inflation, and job losses (NOT the Fed) are moving mortgage rates What investors should do NOW if they’re under contract (or will be) for their next property And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile On The Market 290 - Redfin: Tariff Fears Drive Up Mortgage Rates, Throwing 2025 Off-Track Consumer Confidence Survey Consumer Sentiment Index - University of Michigan Invest in Any Market Cycle with “Recession-Proof Real Estate Investing” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-300 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Only two months into 2025, Zillow has significantly changed its original housing market prediction. With rising inventory, suppressed buyer demand from high mortgage rates, and sluggish market sentiment, Zillow’s home price forecast has been downgraded. Why the change, and what data is leading Zillow to project little or no home price growth this year? Orphe Divounguy, Senior Economist at Zillow, is on to share. With a downgraded forecast, the question becomes: is the housing market leveling off, or could we be in store for home price dips? How will rent prices be affected with the massive wave of multifamily construction finally starting to taper off? With less supply coming online, will these units get absorbed, resulting in higher rents for single-family homes? Have we finally reached the supply-demand equilibrium, putting the housing market on pause? What’s the one thing that could reignite buyer demand and lead to home price appreciation? Or, is this the new normal, and with little interest rate relief in sight, are we headed for years of a stagnant housing market? We’re getting Orphe’s expert take! In This Episode We Cover Zillow’s new February 2025 housing market forecast (and the sizable home price forecast downgrade) Why home prices are stagnating, and the one crucial factor causing this Mortgage rate predictions and whether we’ll see some real rate relief this year Single-family and multifamily rent price predictions for 2025 (which will see the most growth?) What should investors do: sit on the sidelines or capitalize on current conditions? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile BiggerPockets Real Estate 1083 - Feb 2025 Housing Market Update: Are Our Predictions Already Wrong? Zillow Home Value and Home Sales Forecast (February 2025) Grab Dave’s Book, “Real Estate by the Numbers” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-299 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

ICE’s February 2025 Mortgage Monitor report is out, revealing new data that may signal a “shift” in the housing market. Could these changes lead housing to bounce back or break down? One worrying metric is beginning to rise, but could it cause a downward spiral for the rest of the housing market? We’re uncovering it all on this episode with ICE’s Andy Walden. From mortgage delinquencies to interest rate fluctuations, insurance overhauls, and more buyer power, the housing market is changing quickly. We’ll first talk about why a specific subset of homeowners is becoming increasingly delinquent on their mortgage payments. This group makes up a significant portion of the market, but could this uptick trigger a rise in foreclosures? California’s wildfires became one of the costliest natural disasters in history, and with insurance providers already struggling, you may begin to feel the fiery effects on your next insurance bill regardless of where you live. Finally, some great news for buyers as Andy shares his optimistic forecast for mortgage rates and housing inventory, making it easier for you to buy your next property. In This Episode We Cover The worrying housing market metric that could signal distress among homeowners Whether California’s wildfires could cause your insurance rates to jump Foreclosure activity and why it isn’t vastly increasing as unemployment rises and inflation melts away spending power Andy’s 2025 mortgage rate forecast and when rates could fall this year Why homebuyers could have even better choices come this spring homebuying season And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Over 6 Million Americans Are Late on Their Mortgage Payments—Here’s What It Means for Investors February 2025 Mortgage Monitor Dave's BiggerPockets Profile Grab Dave’s Book, “Start with Strategy” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-298 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s one key housing market factor that leads to home price growth. It doesn’t have to do with interest rates, property taxes, or weather. This single metric is the strongest predictor of your home price rising, staying stagnant, or falling. If you know where this metric is peaking, you can follow a data-driven trail to housing markets that will soon have higher home prices and get in before the masses. What’s the secret metric we’re talking about? Well, it’s not so much of a secret. This metric is easy to find online and can help you pinpoint markets with the highest potential for price growth. So, if it’s so easy to find, why isn’t every real estate investor using it? Mainly because most investors don’t know how important this metric is. But today, we’re showing you exactly how to track where home prices could rise, how to pinpoint the neighborhoods within your market that could experience high price growth, and why this easily available predictive metric may change as the economy shifts. In This Episode We Cover The number one way of predicting whether home prices will grow in an area How this metric strongly influences migration and brings more demand to cities Where to find this data for free and the easy way to predict home price growth Trends to start watching now that could foretell which cities will rise (and shrink) How to find the fast-growing (and stable) neighborhoods to invest in within your city And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile BiggerPockets Daily 1431 - 12 Cities You’ll Regret You Didn’t Invest In 10 Years From Now Bureau of Labor Statistics Austin's BiggerPockets Profile Grab Dave’s Book, “Real Estate by the Numbers” Jump to topic: (00:00) #1 “Growth” Metric (04:01) Could Remote Work Change This? (08:13) These Jobs Push Prices UP (11:06) How to Predict Market Moves (15:45) Trends to Watch (19:15) Finding Growing Neighborhoods Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-297 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Is now the time to stop investing and start saving cash instead? As an “asset bubble” balloons larger and larger, every investment is looking overpriced. Homes are at all-time high prices with massive mortgage payments, stock price-to-earnings ratios are reaching dangerous levels, and Bitcoin is hovering around six figures. We constantly talk about how consistently investing in real estate leads to long-term wealth, but is now the time to pause? J Scott, the author of Recession-Proof Real Estate Investing and expert flipper, multifamily investor, and more, has significantly shifted how he’s using his money. While deals were plentiful before rates rose, they're now much harder to find—and not just in real estate. Who knows which tech and AI stocks will be worthless in a few years and which cryptos will crash? So, what should you do with your money at this inflection point in the economy? Should you hoard cash and wait for opportunities, or follow the “dollar-cost averaging” advice and invest regularly? Will doing so cause you to miss out on opportunities if the economy begins to shift? We’re asking J his take in this episode! In This Episode We Cover J’s current investment portfolio and why he feels he has too much real estate Exactly what J would do today if he were given $100,000 to invest The 2025 “asset bubble” that has already formed (will it pop?) The assets J is selling and why he stresses diversification in a different way 2025 buying opportunities and the major discount you could score on one profitable type of real estate Why J thinks you should be putting MORE money down on your real estate deals now And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for On the Market’s Newsletter Find Investor-friendly Tax and Financial Experts Dave's BiggerPockets Profile BiggerPockets Real Estate 1071 - The Macro Analysis is Clear: Why We Are Reallocating (Away From Stocks) to Real Estate in 2025 J's BiggerPockets Profile Grab J’s Book, “Recession-Proof Real Estate Investing” Jump to topic: (00:00) Intro (01:32) J’s Investment Portfolio (04:14) Don’t Buy Real Estate? (05:56) The 2025 “Asset Bubble” (09:46) Why J is Selling (17:31) Timing the Market, Worth It? (18:38) 2025 Buying Opportunities (27:06) Buy in Cash OR Hoard Cash? (33:10) Put MORE Money Down Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-296 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Interest rates are still rising even three years after the first rate hikes. So what should you do: wait to buy when rates are lower, sell the underperforming properties you have while prices are high, or keep buying in hopes you can refinance? We’re explaining what each of us is doing with our money during this seven-percent rate era, plus how to score a lower rate loan on rental properties most investors overlook. How is James planning on doubling his money even with high rates? By bringing back a once-popular investing strategy, James is creating a win-win no matter what direction rates go. You can repeat this, too, if you know his plan. Kathy shares how you can lock in a lower mortgage rate by buying new construction, freeing up cash flow all while having close-to-zero maintenance costs. Henry shares some advice on why now is a solid time to think about selling the properties you don’t love and why high home prices can work in your favor whether you’re flipping, BRRRR-ing, or buy-and-holding. In This Episode We Cover How to still invest in real estate during high interest rates (plus our exact 2025 strategies) Why now may be the perfect time to sell the properties you’re tired of holding Better buying opportunities for new builds and how to score a low interest rate on a new property James’ plan to double his money (and create cash flow) with a refreshed type of BRRRR strategy The type of loan that has BETTER rates than residential financing (but can be used for rentals!) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile BiggerPockets Daily 1263 - Investors: Stop Worrying About Interest Rates—Here’s Why Right Now Is the Time to Buy Pick Your 2025 Investing Strategy with Dave’s Book, “Start with Strategy” Jump to topic: (00:00) Intro (03:02) Cash Flow Down, Prices Up (07:58) Better Opportunity to Buy? (12:26) Double Your Money with BRRRR (21:24) Lower Rate Loans/Strategies (26:23) “Debt Swap” Financing Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-295 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

A startup surge is coming, bringing lots of money, jobs, and housing demand with it. But this time, it isn’t Silicon Valley, Seattle, or Miami bringing in the angel investors and seed funding rounds…it’s the Midwest! This is no surprise—with lower home prices, higher affordability, favorable tax environments, and plenty of top universities, the Midwest could become a booming tech economy, but which cities will benefit most? Austin Wolff is back on the show, bringing the data with him, and he brought Chicago-based investor and agent Dan Nelson to share which cities are the best bet for real estate investors. We’re tackling the top five Midwest housing markets for startups, going through home prices, job growth, population growth, tax environment, and universities that could produce the educated employees startups rely on. Which markets could see killer appreciation (and cash flow) once this startup boom solidifies? We’re giving you the full list in this episode! In This Episode We Cover How the Midwest slowly became a haven for startups and tech companies What makes a market “startup-friendly” and will lead to bigger business growth The number one market with affordable home prices and great universities—but there’s one downside to watch out for Midwest cities where you can still find high appreciation Is this soon-to-be chip manufacturing city already overhyped by real estate investors? The three markets we would buy rental properties in And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area 5 Reasons the Midwest is Hands Down the Best Place to Invest Dave's BiggerPockets Profile Midweststartups.com Austin's BiggerPockets Profile Dan's BiggerPockets Profile Grab Dave’s New Book, “Start with Strategy” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-294 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tariffs and trade wars could affect mortgage rates much more than most Americans think. You’ve heard on the news that tariffs on Canada mean higher gas prices, tariffs on Mexico mean a bigger grocery bill, and tariffs on China lead to electronics and appliances becoming even more expensive. However, as a real estate investor or homeowner waiting to refinance, the key number to watch for the impact of tariffs is interest rates. Today, we’re breaking down how the tariffs will affect you, which prices will rise, which real estate investments will become even more costly, and how interest rates have been held hostage by tariff threats. If tariffs are contributing to the current high mortgage rates, could tariff concessions lead to lower rates? If President Trump can work out deals with trade partners, would this mean a cheaper mortgage payment? We’re breaking down tariffs, trade wars, rising prices, and how they’ll affect your real estate investments. In This Episode We Cover New tariff update: which countries have reached a deal and which are currently tariffed Why mortgage rates are surprisingly affected by tariffs and trade wars Who pays the tariffs once they’re in place (most Americans have this WRONG) A post-tariff inflation prediction and whether we’ll bump back to pandemic inflation levels Trump’s two primary goals for imposing tariffs on Canada, Mexico, and China And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile On The Market 290 - Redfin: Tariff Fears Drive Up Mortgage Rates, Throwing 2025 Off-Track Know the Numbers BEFORE You Invest with “Real Estate by the Numbers” Jump to topic: (00:00) Intro (03:21) Tariffs Imposed, Now Paused (05:26) Trump’s Tariff Goal (07:48) Who Pays the Tariff? (12:17) Inflation Prediction (13:19) Which Prices Will Rise? (16:49) Cars Could Cost Much More (19:04) China's 10% Tariff Starts Now (20:24) Big Mortgage Rate Effects Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-293 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

With evidence of a global recession piling up, Americans have just one question—will we be affected? So far, everything is going well for the US. Job growth continues, unemployment is low, and asset prices are high, but with the global economy becoming increasingly interlinked, could a crash in Europe or Asia pull us down with them? Mark Zandi, Chief Economist of Moody's Analytics, has a contrarian viewpoint that defies the masses. But Mark has bigger worries than a global recession taking down the US economy. We could be our own worst enemy as “tinder” for an interest rate fire begins to pile up, and the bond market may be more than ready to light it. Even with President Trump’s push for lower interest rates and the Fed pausing rate cuts, could we see mortgage rates fly up higher, defying the system meant to keep them in check? Plus, what does DeepSeek’s entry into the AI race mean for the US economy? Could this cheaper, sleeker AI bring serious competition not only to the US AI market but also to chip manufacturers whose stock prices have been carrying the market to record highs? It’s a lot to unpack, but Mark does a phenomenal job laying it all out. In This Episode We Cover Whether the US’s strong economy could falter during the next global recession DeepSeek’s threat to the US tech market and whether we’re facing another “dot-com bubble” scenario Why interest rates are scarily close to rising again as the bond market gets increasingly frustrated The catalyst for home prices to drop with so many “locked-in” homeowners Are stocks way too overvalued with price-to-earnings ratios at record highs? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile On the Market 285 - Bond “Vigilantes” Hold Interest Rates Hostage as Rate Cut Hopes Shrink Mark’s X/Twitter Grab the Book, “Recession-Proof Real Estate Investing” Jump to topic: (00:00) Intro (00:44) An “Exceptional” Economy, But… (04:53) Tariffs Could Cost Us (08:13) Why America is Winning (10:46) Global Recession? (12:44) Massive Interest Rate Risk (20:23) Could Home Prices Fall? (23:30) DeepSeek Changes AI Race Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-292 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Which real estate trends could make you wealthier in 2025? Every year, it’s something new. A few years ago, it was short-term rentals, then mid-term rentals and multifamily investing took over. Now, the housing market has changed once again, and those same real estate investing trends aren’t so hot. So, what can you invest in NOW that gives you the highest return on the market before other investors realize it? Today, we’re touching on three housing market trends that will skyrocket in 2025. Two of these are investing strategies that are making savvy investors serious money, and one is something EVERY single investor (and homeowner) must be aware of, or you could be stuck with a property bleeding money. We’ll talk about the increase in “density” investing exploding demand for one often-overlooked type of asset, what to do when your cash flow is low in the wake of rising expenses, and why the silver tsunami may become the cash flow tsunami for one specific property. In This Episode We Cover The one investment property that can make you $10,000 - $15,000 per MONTH in cash flow (it’s way smaller than you think) Why local governments are pushing investors to build “dense” housing units Is cash flow dead as expenses rise and rents stay stagnant? Why smart investors are selling some of their properties that don’t meet THIS criteria When James says to NOT build an ADU (or DADU) on your property And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile BiggerPockets Daily 1334 - A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know Grab Dave’s Book “Start with Strategy” Jump to topic: (00:00) Intro (00:38) "Density" Investing with DADUs (10:54) Is Cash Flow Dead? (19:08) Assisted Living Demand Explodes Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-291 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Could Trump’s proposed tariffs be the reason for the recent rise in mortgage rates? Could this slow the housing market and cause affordability to get worse? What happens if rates stay higher for longer and more homebuyers get kicked out of the market? We’re talking to Redfin’s Chen Zhao about how tariffs will affect you and the surprising findings from a new homeowner survey foreshadowing something none of us wanted to see about housing inventory. Tariffs could change many things: they could increase construction costs for houses, lead to higher inflation and higher mortgage rates, or put jobs back into American communities. Does the market believe the Trump administration will go forward with their flat tariff for most countries? Or will they pick and choose specific exporters within specific countries to tack a tariff onto? Plus, why are sixty percent of homeowners planning NOT to sell their homes in the near future or…ever? If higher mortgage rates remain, will all those homeowners with low mortgage rates stay put without downsizing or moving, locking up housing inventory tighter than it currently is? It’s possible, potentially leading to long-term declines in real estate prices. But don’t worry, Chen breaks down the entire timeline. In This Episode We Cover Trump’s tariffs and the effect they’re having on mortgage rates Redfin’s shocking new homeowner survey that points to more locked-up inventory Is a real estate price correction coming? Why prices could slump after rising Whether or not the market thinks Trump will go forward with vast tariff proposals Why interest rates could stay higher for longer than many of us expected And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile BiggerPockets Daily Podcast 1263 - Investors: Stop Worrying About Interest Rates—Here’s Why Right Now Is the Time to Buy Redfin: More Than One-Third of Homeowners Say They’ll Never Sell Grab Dave’s Book, “Real Estate by the Numbers” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-290 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

The housing market is changing. Some once-hot markets are showing signs of becoming buyer's markets, giving you a better opportunity to snag your next real estate deal. With days-on-market growing but underlying fundamentals looking strong, this could be one of the best times to buy houses in cities that have phenomenal long-term potential but haven't heated up again to become seller's markets. Why not skip the competition and buy in great markets beginning to cool? Today, we share some of the best markets to buy in, with the biggest investment opportunities. Data scientist Austin Wolff is back to talk about the "coldest" markets that have the best buying potential and some affordable cities that still have below-average home prices but well above-average housing market metrics. We're talking about why these buyer's markets are suddenly emerging, Dave's favorite "cold" market with serious potential, Kathy's famous money-making market seeing massive job growth, and what to look for when buying in these (temporarily) chilled housing markets. In This Episode We Cover The new buyer's markets that boast solid housing market fundamentals Why some of the nation's top markets are seeing days-on-market rise Have homeowners finally accepted this new normal and are ready to sell? Kathy's number one tip when buying and rehabbing older homes The neighborhoods Dave's looking to buy in (long-term rent growth potential) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Grab the Housing Market Data from Today’s Show Dave's BiggerPockets Profile Kathy's BiggerPockets Profile Austin's BiggerPockets Profile Know the Numbers Before You Buy with “Real Estate By the Numbers” Jump to topic: (00:00) Intro (02:15) Why Housing is “Thawing” (05:24) Signs Your Market is Slowing (11:00) Buyer’s Markets Emerge (15:19) New Buyer’s Markets (21:10) Dave's Favorite “Cold” Market (23:40) Do This Before Buying Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-289 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

We’ve got great news for investors, agents, lenders, and first-time homebuyers: housing inventory is about to rise…big time. After years of limited inventory, with homebuyers fighting tooth and nail to get into just about any home, the tide is finally turning. Rick Sharga from CJ Patrick Company brings new data and insight to the show, sharing why we could return to pre-pandemic housing inventory levels by the end of 2025. Why is that good news for so many of us? Because home prices could slow, if not drop, in some markets as buyers get a better selection of houses to choose from. Those “locked-in” owners with rock-bottom interest rates have waited long enough to sell, and 2025 could be the time they put their homes on the market. But if a new wave of inventory hits the housing market, are we at risk of a home price correction or a crash? Rick shares what the data shows and why investors are so pessimistic about the current housing market, even with the inventory forecasts looking so good. Will foreclosures rise again as consumer debt hits an all-time high? Could more off-market deals be in the pipeline in 2025? We’re asking Rick and getting answers to all those questions in today’s show. In This Episode We Cover A historic housing inventory rebound and why this is great news for buyers, agents, and lenders Whether home prices will grow, stabilize, or crash with so much new inventory coming online The new Investor Sentiment Survey and why optimism fell off a cliff in Q4 2024 The single-biggest worry for rental property investors in 2025 and why it may get worse How to still find motivated sellers even with foreclosures at low levels And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile BiggerPockets Real Estate Podcast 1065 - It’s About to Get Good! (2025 Housing Market Predictions) CJ Patrick Company Investor Sentiment Survey Grab Dave’s New Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:15) Housing Inventory to Rebound in 2025 (06:27) Home Price Growth to Slow (08:45) Could Home Prices Crash? (15:43) Investor Sentiment Falls (21:53) Top Rising Cost for Rentals (27:27) Foreclosure Deals? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-288 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Will these cities become the best real estate markets of 2025? Norada Real Estate Investments, a turnkey real estate provider, thinks so. So today, we brought back data analyst Austin Wolff and short-term rental expert Garrett Brown to give their takes on the markets Norada is calling some of the hottest for this year. Some make complete sense to us, but we’re a bit cautious of others. That being said, the number one market on the list is one we can ALL agree with. Austin and Garrett are on today to give both a long-term and short-term rental perspective. Some of these cities show tremendous economic growth, but will that be enough for an Airbnb to succeed in the area? Could stricter short-term regulations make long-term rentals a better option in these cities? We’re diving into each of the top five cities and giving our thoughts on which investments will work, which won’t, and whether we’d buy there. Plus, the number one market on the list is getting us all very excited. With massive economic upside and fundamentals that make it great for long- and short-term rentals, this is one market every investor should watch closely—or even consider buying in. In This Episode We Cover Norada’s top real estate markets of 2025 (and whether we agree with them) 2025’s number-one real estate investing city that we are all extremely bullish on Criteria you can use to judge any real estate investing area (economy, housing supply, etc.) Why some of the top cities do NOT make good short-term rental markets One city that is currently struggling but has tremendous future potential And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Read Dave’s “2025 State of Real Estate Investing Report” Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile 13 Real Estate Hot Spots You Won’t Want to Miss Next Year On the Market 270 - 13 Real Estate “Hotspots” to Invest In (2025 Update) w/Austin Wolff Norada’s Top Real Estate Investing Markets for 2025 Austin's BiggerPockets Profile Garrett's BiggerPockets Profile Jump to topic: (00:00) Intro (03:44) 5. Phoenix, Arizona (09:40) 4. Tampa, Florida (13:29) 3. Austin, Texas (Really?) (16:29) 2. Nashville, Tennessee (24:13) The #1 Market Is... (29:02) Other Top Real Estate Markets Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-287 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

There will be some huge changes to the real estate market not only in 2025 but through 2028. With signs pointing to a supply slowdown, this may be one of the last chances to invest in real estate before prices, rents, and demand significantly rise. So today, right at the start of 2025, bringing on co-host and expert flipper James Dainard and multifamily expert (who correctly predicted the commercial real estate crash) Brian Burke to share the best strategies for 2025 and beyond. Every year, more and more people say it’s not the right time to buy real estate, only for them to return the next year and wish they had purchased real estate. Let’s make sure that isn’t you in 2026. We’re seeing some massive opportunities, with substantial price cuts in multifamily. But that’s not all; there are single-family deals to be done in markets that the masses overlook entirely. James and Brian even share what they’re trying to buy in 2025, the markets they think will have the best growth over the next ten years, and why you should be trying your absolute hardest to purchase investment properties before 2027 (we’ll get into why in the episode!). Grab the “2025 State of Real Estate Investing” Report! In This Episode We Cover 2025 housing market predictions and why we believe we’re entering a new “cycle” The one investment strategy that works in ANY market and is best for 2025 Overlooked real estate markets (STRONG fundamentals) everyone is ignoring right now Why multifamily may have even better deals to come this year (the crash isn’t over?) The supply bottleneck we’re about to slam into in 2027 and how to take advantage in 2025 Most significant risks to real estate that we’re foreseeing for 2025 (and how to survive them) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Grab the “2025 State of Real Estate Investing” Report Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile James' BiggerPockets Profile BiggerPockets Real Estate Podcast 1066 - The State of Real Estate Investing: What You Need to Know for 2025 Brian's BiggerPockets Profile Grab Dave’s Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:17) Has the Market Bottomed? (10:06) Expectations for This New "Cycle" (13:01) Keep Buying Rentals? (15:48) Huge Multifamily Discounts (22:02) Massive Buying Opportunities (32:24) Biggest Risks to Real Estate (38:41) What We're Buying in 2025 Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-286 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Interest rates are up yet again, even after multiple Fed rate cuts in 2024. What’s happening, and how long can this last? Bond investors worry inflation is here to stay. This concern forces bond yields—and mortgage rates—to grow. Can Jerome Powell and the Federal Reserve do anything to ease investors’ minds or do we have a long road of high rates ahead of us? We’re getting into it in this headlines show! Don’t let rising rates stop you from building wealth; we have more stories that showcase an optimistic future outlook for real estate investors. From an incoming commercial real estate recovery that has been multiple years in the making to sellers finally submitting to the market and putting their homes up for sale, it’s not all bad news going into 2025. One natural disaster-ravaged state finally puts its foot down and forces insurance companies to write policies in risky areas. Is this a much-needed government intervention, or will this shift the burden of high insurance costs onto investors and homeowners? We’re sharing our opinion in this episode! In This Episode We Cover The “bond vigilantes” that are keeping yields high and rates above seven percent Why, even after multiple Fed rate cuts, interest rates continue to rise The commercial real estate recovery and whether we’re at the bottom for this struggling asset class Pricey home insurance premiums and the one state that’s forcing new policies to be written Housing inventory updates and a sign that owners are finally ready to sell their low-rate homes And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile The Fed Cut Rates Again, But Could It Be the Last One? Treasury yields end 2024 with biggest yearly surge since historic 2022 rout California will require home insurers to offer policies in high-risk wildfire areas Will 2025 be a pivotal year of recovery in commercial real estate? Redfin Reports New Listings Rise 8%, Giving the New Year’s Buyers More Homes to Choose From Run Your Real Estate Numbers the Right Way with Dave’s Book, “Real Estate by the Numbers” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-285 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the 2025 housing market! It’s a new year, and if you’re ready to invest more, get closer to financial independence, or finally find and buy your first home, we’re here to help. We’ve got BIG plans for 2025 and are watching some key economic indicators to help us decide what to do next. But we have already zeroed in on a few investments we’re eager to invest in. Curious about where we’re putting our money in 2025? We’ll share exactly where—and why! We’re recapping our 2024 progress and giving you tips on what to buy based on your goals. Some of us are scaling down this year while others are scaling up, but we all have the same advice for someone who wants to get into the real estate investing game. If you follow this simple, repeatable path we’re laying down, you’ll be investing in no time. Don’t let 2025 pass you by! You could regret sitting on the sidelines! Tune in, take notes, and let’s get wealthier together this year! In This Episode We Cover Why 2025 is already shaping up to be an excellent year for real estate investors and homeowners Dave’s 2025 mortgage rate range and whether we’ll see some interest rate relief The reason why home prices could still grow even with so many potential homebuyers sitting on the sidelines Are foreclosures and mortgage delinquencies a threat to the housing market? Why 2026 could be the year everything changes for rent prices (and what to expect in 2025) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile BiggerPockets Real Estate Podcast 1041 - How to Invest in Real Estate in 2025 (with NO Experience) Get Ready to Invest with Dave’s Book “Start with Strategy” Jump to topic: (00:00) Intro (00:58) Are We at the Bottom? (01:59) Mortgage Rate Prediction (06:38) Home Price Growth Prediction (12:04) Trump’s Taxes and Tariffs (14:14) Rent Price Growth Prediction Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-284 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the 2025 housing market! It’s a new year, and if you’re ready to invest more, get closer to financial independence, or finally find and buy your first home, we’re here to help. We’ve got BIG plans for 2025 and are watching some key economic indicators to help us decide what to do next. But we have already zeroed in on a few investments we’re eager to invest in. Curious about where we’re putting our money in 2025? We’ll share exactly where—and why! We’re recapping our 2024 progress and giving you tips on what to buy based on your goals. Some of us are scaling down this year while others are scaling up, but we all have the same advice for someone who wants to get into the real estate investing game. If you follow this simple, repeatable path we’re laying down, you’ll be investing in no time. Don’t let 2025 pass you by! You could regret sitting on the sidelines! Tune in, take notes, and let’s get wealthier together this year! In This Episode We Cover The easiest way for beginners to start investing in real estate in 2025 Key economic indicators we’re watching during the 2025 housing market What strategies we’re switching up in 2025—and what won’t work this year How to invest based on your goals and whether you should prioritize active vs. passive income Our 2025 goals: how many properties we’ll buy, flip, or test with new strategies And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On The Market 269 - 2025 Housing Market Predictions (+ How’d We Do Last Time?) Grab Henry’s New Book, “Real Estate Deal Maker” The House Flipping Framework Scaling Smart Start with Strategy Jump to topic: (00:00) Intro (03:47) How to Start in 2025 (17:26) What to Buy (Based On YOUR Goals) (22:51) Our 2025 Goals (33:47) What We're Looking Forward To Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-283 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are we finally at the end stages of this harsh housing market? With housing inventory increasing, mortgage rates steadily falling, and inflation cooling, we might be returning to a much healthier time to buy a house. But one of these improvements we’ve seen over the past year could begin reversing, and that’s creating some interesting future scenarios. One that even we’re surprised to hear as we bring on top housing market analyst Logan Mohtashami. Logan has referred to 2022-2023’s housing market as “savagely unhealthy,” but he’s a bit more optimistic now that we’re seeing relief. While we’re still not at 2019 inventory levels (which were already low), we’re slowly getting there. However, we could see the positive inventory trend start to reverse, leading to even more affordability problems for homebuyers. So what has to happen for affordability to see meaningful improvement? Today, Logan is giving us his take on housing inventory, where mortgage rates could be heading, and why we may NOT see a spike in home prices even if rates fall significantly (something most analysts are bullish on). In This Episode We Cover Logan’s housing market, mortgage rate, and inventory forecast Why our increasing housing inventory could reverse once rates start to fall The one thing holding affordability back and whether Logan has hopes of it improving Why watching the labor market and jobs numbers will help you predict mortgage rates Were we wrong about the “lower rates = higher home prices” premise? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile On The Market 86 - Here’s What Will Cause Mortgage Rates to Finally Fall w/Logan Mohtashami Learn More from Logan Know the Ins-and-Outs of Real Estate with “Real Estate by the Numbers” Jump to topic: 00:00 Intro 00:58 The "Baby Pivot" Stage 04:33 The Home Sales Recession 07:36 Housing Inventory Update 14:17 Rates Will Decline MORE If... 18:47 Mortgage Rate Forecast 23:35 When Will Affordability Improve? 27:53 Biggest Takeaways Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-282 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Which investing trends could make you wealthy in 2024? First, we had long-term rentals, then the BRRRR strategy, short-term rentals, medium-term rentals, syndications…the list goes on and on. And while trends come and go, acting on them at the right time could be your ticket to financial freedom. So, which trends are worth investing in this year, and which are dying out and should be avoided? We’re giving our takes on this episode. Some of the trends in this episode are brand new—only with advanced technology have these investments even been made possible, but some are trends you may already be part of. From room rentals to very flexible commercial investments, Elon Musk’s new affordable housing, and a way to “build” your own one percent rule properties, these trends have gone mostly unnoticed but are sure to catch fire in the coming years. But, some trends that exploded over the pandemic should be put to rest. These once cash-flowing investments reached their heyday in 2022 and 2023 and are slowly becoming lackluster (and often dangerous) investments for new investors. Which tactics are we talking about? Stick around to find out! In This Episode We Cover Future real estate investing trends that could offer BIG cash flow in 2024 and 2025 The flexible commercial real estate investment that online businesses rely on to survive Kathy’s billion-dollar idea for a match-making app using this specific strategy How to maximize your dollar per square foot by renting out PARTS of your property The new smart homes that could finally solve the affordable housing problem How to create the one percent rule (EVEN in 2024) by building your own rentals Dying trends that are seeing low cash flow, high vacancies, and tough turnover And So Much More! Links from the Show Top 10 Real Estate Markets for Cash Flow Cash Flow For Rental Properties: What is Average or Good? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-281 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Redfin just released their highly-anticipated 2025 housing market forecast, and today, we’re reacting to each of their ten crucial housing market predictions. We’re touching on the exact numbers you want to hear about—home prices, mortgage rates, home sales, rent prices, and housing supply. Knowing what’s coming could give you an edge as an investor, agent, or first-time homebuyer. First, we’re reviewing Redfin’s home price predictions for 2025. Will things get any more affordable, or will high home prices persist into 2025? Will mortgage rates finally reach the low sixes, maybe even into the high fives? Dave disagrees with Redfin’s take on interest rates, so where does he think they’ll be headed? If you’re a real estate agent, broker, loan officer, or in the industry, listen up! Redfin has some good news you want to hear about home sales! Renters and landlords, take note—Redfin’s predictions suggest rents could become more affordable for everyday Americans. But that’s not all; we’ll also review their housing inventory, agent commission, and migration predictions for 2025! In This Episode We Cover Redfin’s notable 2025 mortgage rate prediction that most homebuyers DON’T want to hear 2025 home price forecast and whether or not we’ll continue to see prices climb The “step in the right direction” for home sales coming in 2025 Why homebuilders are getting bullish thanks to the 2024 Republican sweep Why Gen Z may be the first generation to give up on homebuying And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile On the Market 269 - 2025 Housing Market Predictions (+ How’d We Do Last Time?) BiggerPockets YouTube Redfin’s 2025 Predictions The BiggerPockets Real Estate Podcast Grab Dave’s New Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:22) 1. Home Prices to Rise (05:49) 2. Mortgage Rates Remain High (10:15) 3. Home Sales Will Rebound (13:36) 4. Affordable Rents? (18:46) 5. More Homebuilding, But… (21:58) Agent Commissions, Gen Z, and More Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-280 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you didn’t buy real estate in 2024, you missed out. While all the YouTube crash bros and mainstream media were hyping up how overpriced the real estate market is, we were out buying deals—and we bet many of you were, too! So, as we wind down 2024, we’re looking back on the best real estate deals we did this year and how 2024 turned out to be a much more profitable investing year than any of us would have expected. For some of us, 2024 was our best year yet for real estate investing! One of us made half a million dollars (yes, $500,000+) on a single real estate transaction. We picked up on-market deals for fifty percent off (while the competition completely overlooked them) and sold house flips for higher-than-asking-price as buyers returned to the market. We’re sharing our actual profit numbers, exactly how much we bought (and sold) some of these properties for, and the tactics we used to beat the masses. If you didn’t invest in 2024, don’t miss out again in 2025—there are still plenty of great opportunities waiting! In This Episode We Cover Why 2024 was a surprisingly good year for real estate investing (we’re proof!) The “goldmine” property that resulted in a $500,000+ profit The trick Henry used to get WAY more bidders on his house flip and sell for over-asking price Why Dave makes offers on houses during the holiday season to get HUGE discounts The tax “loophole” (if you want to call it that) that Kathy used to get a $100,000 write-off! And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile BiggerPockets Daily 1135 - 30 Ways Find Good Real Estate Deals In 2024 Learn to Flip Just Like James With His New Book, “The House Flipping Framework” Jump to topic: (00:00) Intro (02:10) $70K Profit Home Run Flip (11:52) Saving $100K in Taxes! (17:36) Grandma’s GOLDMINE (Unbelievable!) (25:03) 50% Discounted On-Market Deal Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-279 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ever seen those YouTube videos titled “A housing crash is coming THIS year!” or “Prices are falling 50% in *insert state*”? If so, you’re not alone. There’s so much housing market clickbait being thrown at you daily that it’s hard to distinguish the actual data from the “expert takes” only done for clicks. So today, we’re breaking down some of the most hyped housing market takes from YouTube, examining the data they’re using, and giving our thoughts. To join us is Jeb Smith, a real estate broker associate with over 18 years of experience and a fellow YouTuber who’s just as tired as we are of the constant “crash bros” populating your YouTube homepage. Together, Dave and Jeb are breaking down a couple of recent videos, one talking about the “50% price cuts in California” and a “major housing crash,” as well as one video anticipating that “all hell breaks loose” come this December (wait, isn’t it December already?) Together, our goal is to ensure you never get fooled by easily manipulated data so you can make the best investing decisions. In This Episode We Cover The “major housing crash” coming to California and whether there’s truth in this Why one real estate media channel thinks all hell will break loose soon Demystifying the data behind the real estate “crash bros” on YouTube Whether Jeb believes home prices will rise (or fall) in the coming year Housing market data that WE trust to make our real estate predictions, forecasts, and investing decisions And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile On The Market 128 - The Worst Real Estate Investing Advice Grab Dave’s Book, “Real Estate by the Numbers” Connect with Jeb: Jeb's BiggerPockets Profile Jeb's YouTube Jump to topic: (00:00) Intro (01:08) “Major California Housing Crash!” (12:58) The Truth About California (20:19) “All Hell Breaks Loose!” (30:27) Don’t Get Fooled by This (33:54) Debunking the Clickbait (39:11) Connect with Jeb! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-278 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Disclaimer: Opinions expressed in this episode and written below are solely opinions of the hosts, guests, and writers and do not reflect the views of BiggerPockets. Is it about to get even worse for NAR (National Association of Realtors)? After a ground-breaking agent commission lawsuit settlement forced the organization to pay out hundreds of millions, NAR has been on thin ice. They had just come off of a massive change in leadership, with some executives facing sexual harassment accusations, only to have the spotlight put on them once again. But it’s not over. A new investigative piece from The New York Times reporter Debra Kamin uncovers a web of hidden donations to political groups that many NAR members aren’t aware of. NAR, the largest lobbyist group in the country, is well-known for donating to political causes that benefit their industry. However, it seems those donations heavily lean to one side of the political spectrum. So, is this a problem? Could it even be illegal? Debra reveals that many of these donations go to groups unrelated to real estate, leaving some members frustrated with how their dues are being spent. Could this be the final blow to NAR, paving the way for more competition among real estate agent organizations? Debra is on to break the story. In This Episode We Cover The new investigation on where NAR “donations” and member dues are going NAR’s recent turmoil with massive lawsuits, sexual harassment accusations, and more What do realtors think of their dues being spent on fringe political causes? The future of NAR and whether they’ll recover from their recent internal challenges A new DOJ (department of justice) investigation into NAR and whether members will leave And So Much More! Links from the Show Read the Full Article Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile On the Market 197 - NAR Finally Faces Competition: Is the Agent “Monopoly” Over? w/Jason Haber and Mauricio Umansky On the Market 201 - Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever w/The New York Times’ Debra Kamin Grab the Book “SOLD: Every Real Estate Agent’s Guide” Jump to topic: 00:00 Intro 01:30 NAR Turmoil 03:46 The Largest Lobbyist Group 08:53 Quietly Funding Political Causes 14:17 Is This Illegal? 17:29 What Realtors Think 20:40 The Future of NAR 26:58 Read the Full Story Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-277 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

“Return to office” mandates from the tech and finance industries are coming rapidly. But they’re not just going back to the downtown areas. Return to office (RTO) calls could cause a surprisingly beneficial boost to suburban areas, even as employees are forced back into the office. This has enormous effects on landlords and real estate investors, as the hottest place to own a home might actually be somewhere outside of the city center. Matt Reidy, Director of CRE Economics at Moody’s Analytics, joined us to give a full update. Matt talks about the potential office comeback that could be taking place and the one type of office investment that is outperforming the rest. However, office vacancies are still at an all-time high, and companies are starting to get creative. Could a move into the suburbs help entice employees by keeping commute times minimal? This could be great news for residential investors outside the cities, as “live, work, play” environments could become a hot commodity. In This Episode We Cover Why more companies are looking for suburban offices to win back employees The revival of downtowns and why they’re growing, even with high office vacancy One type of office investment that’s outperforming the competition significantly Rent price growth predictions for 2025 and 2026 Whether office work is here to stay or the “hybrid” model will become the new norm And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Good News For Investors—Commercial Real Estate is Finally Catching a Break Read More from Matt Grab Dave’s New Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:30) The Return to Office (03:20) An Office Comeback? (07:12) Offices Move to Suburbs (11:02) Are Downtowns Declining? (17:37) Suburban Demand Grows (21:33) Good News for Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-276 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are we in store for another agent commission lawsuit battle? Why are home sales spiking right after the election? And guess what…it’s not investors buying up all the houses this time. We’re getting into the biggest housing market news in today’s headlines episode! Plus, we’re sharing exactly what you need to do TODAY to still get real estate deals done, even with high interest rates and higher home prices. Home tours are surging after the election as potential homebuyers breathe a sigh of relief knowing that 24/7 election coverage has finally ceased. But it’s not the investors who are coming back to buy the houses. Investor purchase numbers are falling, so why are landlords sitting on the sidelines this time? And say it ain’t so…another real estate agent commission lawsuit could be on the way as the Department of Justice finds faults in the NAR settlement. What does this mean for agents, brokers, and realtors? Will an easily browsable listing site like Zillow take over in place of real-life realtors? Some worry a Zillow “monopoly” could be forming. We’re sharing what we think in this episode. In This Episode We Cover Why home sales are starting to jump after the 2024 presidential election results The future of agent commissions and whether they could be regulated even more The Zillow “monopoly” that some worry will overtake the NAR (National Association of Realtors) What’s causing investor purchases to shrink since the pandemic? Where James and Kathy see investing opportunity in the 2025 housing market And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE ? Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On The Market Podcast 201 - NAR Settles for $418M, Buying and Selling Homes Could Change Forever Pending Home Sales Rise After Post-Election Surge in Home Tours The battle against 6% broker fees isn’t over after a surprise 11th hour court filing Zillow’s Takeover of the Real Estate Industry: The Path to Monopoly Investor Home Purchases Plateau After a Pandemic-Era Rollercoaster Ride Grab Dave’s Newest Book, “Start with Strategy” Jump to topic: (00:00) Intro (00:58) Post-Election Home Sales JUMP (09:56) Another Agent Commission Lawsuit? (18:07) The Zillow “Monopoly” (21:44) Investor Sales Shrink (34:10) Stick Around for This! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-275 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s the season for housing market predictions, and we know who to call! Altos Research and HousingWire’s Mike Simonsen joins the show to share where his team thinks mortgage rates, home prices, housing inventory, and buyer demand will be in 2025. Every year, the HousingWire team puts together a phenomenal housing market forecast, touching on the topics investors, agents, lenders, and housing nerds care about while recapping the wildest surprises of the year prior. Will mortgage rates finally fall below six percent in 2025? Will home prices dip with housing inventory up a substantial percentage year-over-year? And could agents and lenders finally get some relief with home sales, or will we still see sluggish purchasing and buyer activity? Not to spoil it, but Mike is optimistic about the 2025 housing market and what will come over the next twelve months. Mike breaks down each prediction and what could affect YOU the most, whether you’re buying or selling homes. Plus, he shares the one metric his team is watching carefully to see which direction the 2025 housing market is headed. In This Episode We Cover HousingWire’s 2025 housing market forecast and 2024 housing market recap The mortgage rate range you can expect over the next twelve months Home price growth and exactly how much the HousingWire team expects in 2025 Why housing inventory is starting to climb again (and whether it will continue in 2025) One metric Mike and his team are paying very close attention to in 2025 The market’s reaction to the 2024 election and President-Elect Trump’s win And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile On The Market Podcast 269 - 2025 Housing Market Predictions (+ How’d We Do Last Time?) Altos Research HousingWire’s 2025 Housing Market Forecast Get Ready to Invest in 2025 with Dave’s Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:05) Biggest Surprise of 2024 (03:17) Housing Inventory Up 27%! (08:42) American Migration Freezes (12:57) 2025 Mortgage Rates (16:46) More Homes on the Market? (18:20) Post-Election Housing Market Changes (27:08) Home Price Forecast (27:49) One Thing to WATCH Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-274 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Discounted real estate deals could be coming THIS winter as the housing market begins to “thaw.” Today, Dave is flying solo, bringing you a housing market update on all the crucial factors real estate investors are looking at—home prices, mortgage rates, housing supply, and rent prices. Even with home sales falling by a massive margin, home prices are still at all-time highs, and the housing market is “stuck,” but we could see some sellers taking price cuts this winter if you’re willing to take advantage. Okay, but how can home prices still be THIS high when the total home sales are twenty percent lower than average and around fifty percent under the recent highs? It’s simple—affordability struggles. High rates, high prices, and “locked-in” homeowners staying in place keep the market frozen. So, why does Dave believe sellers will be more inclined to drop their prices this winter? Where does he believe interest rates will be by the end of the year? And what’s the one thing that could get the housing market “unstuck”? In This Episode We Cover Why Dave believes real estate deals are coming THIS winter Mortgage rate predictions and how low rates could go by the end of this year Whether to buy now or wait for affordability to improve, prices to drop, and rates to fall Why home prices are still rising EVEN with homebuyer demand plummeting The MASSIVE drop in home sales since the pandemic boom and why prices have remained high And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Shop the BiggerPockets Bookstore Black Friday SALE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile On The Market Podcast 255 - The Fed Finally Cuts Rates, but Will It Even Matter? Nearly A Quarter of Prospective First-Time Homebuyers are Holding Off Until After the Election: Redfin Survey Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-273 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Did economic sentiment decide the 2024 presidential election? For many Americans, the economy was top of mind when deciding who to vote for in this past election. With inflationary worries, high home prices and mortgage rates, and general unaffordability, many Americans chose President-Elect Trump to turn the economy around. So, what does the housing market look like under Trump’s economy? And how will proposed changes (like tariffs) influence home prices? Matthew Walsh from Moody’s Analytics is on to give us some context about consumer sentiment, future home prices and mortgage rates, and what tariffs mean for the average American. Matthew brings up a good point: Even with inflation steadily declining, most Americans are still experiencing sticker shock due to our constant comparison of pre-pandemic pricing. Even with the economy doing well, it’s easy to understand why Americans feel in a worse spot than five years ago. So, with inflation cooling, will housing affordability catch up? A big part of affordability is mortgage rates, and with the Fed cutting rates, are we on the cusp of a return to (somewhat) normalcy? Matthew shares the shocking statistic on what mortgage rates would have to be for us to reach 2019 levels of affordability. Finally, we’re talking about tariffs and how higher prices for homebuilding could translate to your final home price. In This Episode We Cover Consumer sentiment and how American finances influenced the 2024 presidential election How low mortgage rates would have to go for us to get back to 2019 affordability levels What Trump’s tariff proposal means for homebuilders and home prices Moody’s 2025 and 2026 home price appreciation forecast Why mortgage rates aren’t falling even after the Fed lowered their federal funds rate And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Opinion: There Could Be Financial Risks Under a Trump Presidency—Here’s How to Hedge Against Them Moody’s Analytics Grab Dave’s New Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:18) Consumers Are Anxious (04:02) The Inflation "Disconnect" (11:50) Will Homes Ever Be Affordable Again? (14:40) Home Prices Could Stagnate (22:28) The Tariff Effect (29:14) Still Undersupplied in 2025? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-272 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Has the Federal Reserve gone too far? Many Americans are critical of the Fed’s move to raise interest rates sharply, pause for years, and then slowly start implementing rate cuts. The arguably most prominent critic of the Fed? President-Elect Donald Trump, who, shortly after nominating the current Fed chair, Jerome Powell, reversed his opinion on whether Powell was the right person for the job. Now, with Trump coming back to the White House, Powell’s job hangs in jeopardy—or does it? Can a President fire the Fed chair? Does the President have the authority to influence how the Fed operates? What would happen if Trump decided to go after Powell and request his resignation? Nick Timiraos, reporter at The Wall Street Journal and Federal Reserve expert, is on to answer these questions. Nick gives us the latest update on rate cuts, where the Fed is headed, how the future of the Fed looks with Trump back in office, and why some politicians champion “Fed Independence,” while others argue that Fed power has overstepped its bounds. Are Trump and Powell more aligned than they think, and is this government drama all talk? We’re getting Nick’s expert viewpoint on it all. In This Episode We Cover Why “Fed Independence” could actually be a crucial piece to keeping the economy stable Whether or not Trump has the authority to fire and replace a Fed chair Future rate cuts, inflation concerns, and the Fed’s latest “signal” on rates Powell’s simple response when asked if he would resign because of Trump’s request Why the Fed does NOT have to answer to the President (and is this a good thing?) Trump’s proposed tax and tariff policies and why they could challenge the Fed And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Trump May Consider Shaking Up the Federal Reserve If Elected—Here’s What That Could Look Like Nick’s WSJ Articles Grab Dave’s New Book, “Start with Strategy” Jump to topic: (00:00) Intro (00:32) Latest Fed Meeting Update (02:21) More Rate Cuts Coming? (04:23) Can Trump Change the Fed? (08:02) Is the Fed Above the Law? (15:59) Can Trump Fire Powell? (18:09) What Happens Next? (24:02) Trump's Tricky Policies Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-271 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

When you look at the “Hottest Real Estate Markets” lists from major publications, they often miss many crucial factors that truly make a market worth investing in. So, after getting tired of seeing the same cities repeatedly, we decided to make our own “Real Estate Hotspots” list, touching on the areas that are PRIMED for growth with plenty of appreciation and cash flow potential for landlords. We’re sharing all thirteen cities today! Our two favorite market pickers, Kathy Fettke and Austin Wolff, are back on the show to share their opinions on these top markets. Austin has spent hours and hours compiling this list, looking at not just population growth but income growth, job growth, GDP per capita, and more leading indicators that point to great real estate investing markets. Some of the top picks on this list truly surprised us, but the data points to these thirteen cities as some of the best places to buy in 2025. We’ll also talk about the overrated markets that may be past their prime and some nearby options that could make solid real estate investments for the long term! In This Episode We Cover The thirteen real estate investing “hotspots” for 2025 that investors should pay attention to A very surprising top city that seems to keep on growing EVEN after some solid appreciation The “satellite cities” that siphon off big city growth for a fraction of the cost Cash flow hotspots that still boast affordable prices with solid rent-to-price ratios The one Texas city that many investors forget about but is still growing fast (definitely not Austin) Cities that DIDN’T make the list and are constantly overhyped by the media And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Kathy's BiggerPockets Profile Deal Finder Market Finder 13 Real Estate Hot Spots You Won’t Want to Miss Next Year Austin's BiggerPockets Profile Analyze Real Estate Like the Pros with “Real Estate by the Numbers” Jump to topic: (00:00) Intro (03:23) Real Estate “Hotspots” (08:26) Phoenix, Arizona (13:39) Colorado Springs, Colorado (17:03) Cash Flow Hotspots (22:05) Top 5 Cities (24:07) Overrated Cities Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-270 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s what you’ve all been waiting for—our 2025 housing market predictions! We’re sharing where we think home prices, interest rates, and real estate will be over the next year. But we’re not just talking about 2025. We’re also going BACK and reviewing our 2024 housing market forecast, painfully detailing each part we got wrong and congratulating whoever got their predictions right. But how did top real estate companies like Zillow perform on their forecasts? Don’t worry; we’re rating their predictions as well! Last year, some of us thought home prices would decline year-over-year, while others were confident we’d still see rising prices. We also had surprisingly accurate mortgage rate predictions, so does that mean we could be right for 2025, too? Stick around to find out! Plus, we’re sharing where we think will become the country's best real estate investing markets and naming the cities we believe have the best potential for building wealth! In This Episode We Cover Updated 2025 housing market predictions and where home prices and mortgage rates could go How we (and Zillow!) did on our 2024 housing market forecast (plus what we got WRONG!) Real estate markets that have the most investment potential in 2025 Why we’re all becoming bullish on lower mortgage rates, EVEN with persistent inflation Did we ever actually make it into recession territory in 2024? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On The Market Podcast 163 - 2024 Housing Market Predictions: Home Prices, Interest Rates, & Opportunities Grab James’ New Book “The House Flipping Framework” Jump to topic: (00:00) Intro (02:38) Zillow's 2024 Predictions (11:32) Home Prices (14:33) Recession Risk (16:23) Mortgage Rates (17:23) Best Markets to Invest (20:03) 2025 Home Price Predictions (23:48) 2025 Mortgage Rate Predictions Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-269 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

The American Dream was once an everyday reality for most Americans. Now, it’s seemingly impossible for even high-income-earning households to achieve. What went wrong, and is it still possible for financially savvy families to realize the American Dream? A new article dissecting the cost of the American Dream shows that the white picket fence, single-family home, and two new cars cost significantly more than you might think. In this episode, we’re going over the eye-watering costs of the American Dream, the income you’ll need to achieve it, and why most Americans may never get there. But, as financially independent podcasters, we’re living proof that you don’t need everything this article describes to reach financial freedom. We’re sharing what you might want to give up to achieve your version of the American Dream. From college costs to raising kids, buying cars, and purchasing a home, we’ll walk through the costliest factors of the American Dream—and some good news, as one big expense is actually getting cheaper. In This Episode We Cover The astronomical cost of achieving the American Dream in 2024 What you should give up if you want to reach financial freedom faster The household income you have to make if you want to achieve the American Dream Why so many Americans are struggling with rising costs but stagnating wages One significant expense that’s getting surprisingly more affordable The things we’ll never give up spending money on (even if it sets us back) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Henry's BiggerPockets Profile The American Dream Now Costs $4.4 Million The American Dream Trap: Maneuvering Major Expenses in Your Financial Adventure Reach Your American Dream Faster with “Set for Life” Jump to topic: (00:00) Intro (01:20) The Cost of The American Dream (04:01) Housing Costs (05:14) BIGGEST Cost to Americans (06:43) Kids Are Too Expensive (08:28) Cars Cost SO Much (10:15) How Much Do You Have to Make? (15:42) You NEED to Make More Money (19:53) What to Give Up (23:43) Some Good News (25:22) We WON’T Sacrifice THIS Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-268 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Most people are missing out on what could be the best real estate investments of 2025. Why? Most investors don’t even know about them or have never had access to invest in them before. Today, we’re talking to Fundrise CEO Ben Miller about how he’s taking these once elite-only investments and making them available for the average investor. These investments, for the most part, beat out regular rental properties with sizable returns and way less work. So, what’s the catch? Is there a catch? If you want to get ahead of the curve and know the investments that smart money (managing BILLIONS of dollars) is making, our interview with Ben truly delivers. We’re getting into how “debt” investors are making serious money off of lending to real estate investors (just like you) and the almost unbeatable returns they’re collecting, plus the new type of investment Fundrise is opening up for regular investors. This is a first, as everyday investors have seldom been able to break into this asset class. Finally, Ben gives us his outlook for the 2025 economy and why he’s feeling a bit anxious, even with so many economic factors falling into place for a soft landing. In This Episode We Cover The one real estate investment making regular double-digit returns with significantly less work Why housing inventory could shrink even with our massive multifamily “oversupply” The “securitized” real estate elite investors used to have a monopoly on (you can get in on it now) Venture capital and why Ben is bullish on AI companies for 2025 and beyond The surprisingly solid state of the economy and why Ben feels anxious (and you might, too) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Is Now a Better Time to Invest in Real Estate Debt or Equity? Ben's BiggerPockets Profile Grab the Book on Private Money Lending “Lend to Live” Jump to topic: (00:00) Intro (01:41) What to Invest In NOW? (04:40) Housing Inventory Will Shrink (08:20) Less Risk, Way Higher Returns (15:01) "Securitized” Debt Explained (18:22) What Can “Normal” Investors Do? (20:52) Venture Capital Investing for All (26:12) Optimistic for 2025? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-267 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Everyone is awaiting the 2024 presidential election results—especially homebuyers. As mortgage rates rise again, potential homebuyers are sitting on the sidelines, hoping that the next president could make it a little easier to purchase a house. Is this housing market slowdown just a temporary phenomenon before the biggest political event of the past four years, or could this last well into the winter? We’re covering it on this headlines show! Could a “Trump trade” push bond yields up and mortgage rates as well? Some economists are betting that a Trump presidency would mean higher mortgage rates. We’ll also talk about California’s Prop 33, which, if passed, could allow more stringent rent control on landlords in the Golden State. With rising costs for property owners, could this lead to landlords selling their rentals to escape California’s tenant-friendly laws? If you want to escape the election cycle, we’ve got you covered. Our last story touches on the best companies for career growth, and if you’re trying to up your skills (and your income) next year, applying for a job at any of these companies could help you! In This Episode We Cover The pre-election housing “slowdown” and why many homebuyers are pausing on purchasing A new mortgage rate update and what’s causing rates to rise back to seven percent The “Trump trade” and why economists are worried it could push bond yields up California’s newest rent control proposition and what it means for landlords in the state The top companies for career growth in the United States (grow your income!) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Proposition 33 Ignites Fierce Debate Over California Rent Control Laws Do Elections Affect the Housing Market? Here's What Experts Say Real estate in for a fright as mortgage rates return to 7% Proposition 33 Ignites Fierce Debate Over California Rent Control Laws These Are The Best Companies For Career Growth, Ranked Grab Dave’s Newest Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:01) Pre-Election Housing “Slowdown” (13:03) The “Trump Trade” (16:48) Prop 33 Rent Control? (24:15) Best Companies for Career Growth Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-266 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Evictions suck—for everyone. They’re bad for the property owner, the tenant, and America as a whole. On the lowest end of the spectrum, evictions cost Americans over $14,000,000,000 (that’s BILLION) per year. With this massive sum spent on court fees, attorneys, moving trucks, and lost rent, how do we STOP evictions before they happen? What can landlords do to ensure they NEVER have to kick out another tenant for nonpayment? Today, we’re discussing the true cost of evictions and how to avoid them. We’ve brought our own Market Intelligence Analyst, Austin Wolff, back to the show to share how much evictions cost for the landlord, how much they cost to the tenant, and how much they cost society. We’re breaking down which costs hurt real estate investors the most during the process and how long it may take you to get a non-paying tenant out of your house. Once you’ve been seriously sticker-shocked by the price of an eviction, James brings us some actionable steps he uses daily to avoid evictions at his rentals. He recently had one of the worst evictions, costing him SIX FIGURES. He shares what to do so this DOESN’T happen at your investment property, plus the type of rental you can provide that attracts the highest-quality tenants. In This Episode We Cover The astronomically high cost of evictions in the United States How long evictions usually take, and why they often drag out months (or even years) The cost of an eviction to a tenant and the fees they have to pay once they’re forced to leave How to avoid evictions from the start by following some quick tips from James The key to maintaining a high rent collection rate in your rental portfolio (fewer evictions) What to do if you inherit tenants you suspect WON’T pay once you purchase the property Overall economic impacts of evictions and why we MUST reduce them And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Property Manager Finder Dave's BiggerPockets Profile James' BiggerPockets Profile Austin's BiggerPockets Profile 6 Strategies That Help Landlords Avoid Evictions Grab “The Book on Managing Rental Properties” Evicted Book Jump to topic: (00:00) Intro (02:23) Most Expensive Eviction Ever? (05:23) Cost/Time It Takes to Evict (14:11) The Cost to Tenants (18:57) Serious Economic Effects (22:47) How to Avoid Evictions (29:44) Inheriting Tenants (What to Do) (32:09) Astronomical Total Costs Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-265 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Which generation is taking control of the housing market? With Baby Boomers sitting on an enormous amount of equity-based wealth, younger generations now have to do their part to get in the game, but who is faring best? Gen Z is hungry to get into homeownership, but with their high cost of living, credit card and student debt, and low affordability, will they be a forever-renter generation? What about Millennials, many of whom were financially shell-shocked after leaving college and entering the workforce during the Great Financial Crisis? And don’t worry, Gen X, we didn’t forget you (even though almost everyone else did). Today, Dave and each of our experts have taken one generation to report on. We’ll talk about Gen Z, Millennials, Gen X, and Baby Boomers—how much wealth they hold, their debts, whether or not they’re buying houses, and how they could affect the future housing market. Plus, we’ll touch on the financial mentality behind each generation and whether or not they have what it takes to become homeowners. Finally, will the “Silver Tsunami” ever happen when Baby Boomers pass away and the flood of Boomer-owned houses hits the market? We’ll discuss the likelihood of this happening and whether or not the growing trend of “aging in place” could keep our housing inventory at rock bottom. In This Episode We Cover Why Gen Z is so poised to start buying real estate (but will they be able to?) The Baby Boomers’ massive amount of equity wealth that may benefit the future generations The largest generation of homebuyers that is still actively looking for places to live Why this “forgotten generation” might be one of the wealthiest to come The chance of a “Silver Tsunami” and what happens when Boomers pass down their housing wealth And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Grab Henry’s New Book, “Real Estate Deal Maker” Find an Investor-Friendly Agent in Your Area Boomers Hoard Houses, Millennials Struggle to Buy, But Gen Z Gets Ahead Jump to topic: (00:00) Intro (02:58) Gen Z - The Renter Generation (10:47) Millennials - The Homebuyer Generation (16:51) Gen X - The Forgotten Generation (26:18) Baby Boomers - The RICH Generation Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-264 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Does it feel like we’re in a recession? People are constantly discussing layoffs, many Americans are in credit card debt, home ownership seems unachievable, and you probably feel like you should be making more money based on how expensive everything is. But, on the other hand, inflation is down, stocks are up, and unemployment is still (relatively) low. This is what Nicole Lapin would refer to not as a recession but a “vibecession;” it feels like we’re in a recession, even if we aren’t. As a renowned journalist, author, and money-minded podcast host of Money Rehab, Nicole is one of the best in the industry to come on and explain the state of the American consumer, why they feel so negative toward the economy, and what good news we have going into 2025. Nicole is breaking down exactly why Americans feel so disconnected from our growing economy and the reason consumers are getting frustrated. But it’s not just bad vibes (okay, enough with the Gen-Z verbiage); there are “bright spots” in the economy that few are paying attention to. These data points come close to proving that we may be out of recession territory and confirm that the Fed did achieve its “soft landing.” Are we on our way to finally feeling good about the economy again? In This Episode We Cover Why it feels like we’re in a recession even though the economy is growing The disconnect between men and women and who’s more optimistic in 2024 Did the Fed actually achieve their soft landing and an inflation rate update The good news on wage growth (with a BIG caveat) Rising credit card debt and whether or not this is a precursor to economic crisis The “bright spots” in the economy that point to some good news for Americans And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Here’s What the U.S. Consumer Tells Us About the State of the Economy Money Rehab Thinking, Fast and Slow WSJ: The State of America’s Wallet Build Wealth in Any Market Cycle with “Recession-Proof Real Estate Investing” Jump to topic: (00:00) Intro (01:50) Welcome to the "Vibe-cession" (05:18) Men vs. Women Economic Sentiment (06:59) Wages Grow, But... (10:56) Consumer Debt is Climbing (16:23) GOOD News for the Economy (18:42) Hope for Average Americans (21:39) Where is the Economy Headed? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-263 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Housing affordability in America is the lowest it’s been in forty years. Every year, there are fewer and fewer affordable places to buy a house, and many of the cities that used to be affordable have become so popular that they’re now the pricey ones. Are there any affordable housing markets left, and if so, which ones should investors pay the most attention to? We did a new data analysis on American housing markets to bring the exact list to you today. Austin Wolff, our own BiggerPockets market intelligence analyst, spent some time analyzing housing markets that not only have job, population, and wage growth but also have affordable home prices perfect for investors. Today, he’s sharing this new list, along with some of the least affordable housing markets that are nearly impossible to break into without millions of dollars. But is America the only country suffering from a stubborn unaffordability crisis? Many of the top economies are also feeling the sting of high inflation, limited real wage growth, and strong home price appreciation. But are we doing better or worse than many of the top developed countries? We’re sharing those stats, too! In This Episode We Cover America’s affordable housing crisis explained, and whether it’s going to get better or worse Most affordable housing markets with job, population, and income growth Comparing American home prices vs. other top economies’ home prices The least affordable real estate markets with the highest home-price-to-wage ratios The single most affordable city in the United States that could be an excellent investing market And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Kathy's BiggerPockets Profile These Are the 10 Most Affordable Markets To Invest in During 2024 Bankrate’s 2024 Home Affordability Report Why Trump and Harris Aren’t Talking About the $1.8 Trillion Deficit Austin's BiggerPockets Profile Grab Dave’s Book, “Real Estate by the Numbers” Jump to topic: (00:00) Intro (02:36) Why Affordability Matters (04:59) Most Unaffordable Period Ever? (08:00) How Does America Compare? (12:23) Least Affordable Markets (15:09) Most Affordable (Growing!) Markets (24:35) Will Affordability Improve? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-262 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

While short-term rentals are seeing slowing demand, mid-term rentals are taking off (and fast). Mid-term rentals, also called medium-term rentals or MTRs, are thirty-day or longer stays, usually for traveling professionals or those who need temporary housing while relocating. These rentals give you more rent than a regular long-term rental, less turnover than short-term rentals, and can be successful in even the most average of markets. Where are MTRs heading next? We brought on Jeff Hurst, CEO of the leading MTR listing website Furnished Finder, to share the data he’s seeing. Jeff believes MTRs are still years away from peaking in demand and supply. But maybe he’s a little biased as someone who works in the field. Even as an industry insider, Jeff brought some solid stats that show that MTR is far from falling off the investing map. He’s so bullish on this strategy that he believes MTR is now where Airbnb was in 2012. But what should you do to get in on MTR investing? Jeff shares the best MTR markets and signs for whether or not your city could be a great place to try it, plus the surprising property type that works best for this strategy (MUCH more affordable than short-term rentals) and how landlords and investors can find tenants WITHOUT going through pricey booking platforms. In This Episode We Cover The state of the mid-term rental market and why it’s looking much brighter than short-term rentals Mid-term rental investing explained, and who’s staying at these properties Why rural markets actually make terrific mid-term rental investing areas How to start investing in mid-term rentals WITHOUT owning a single property (rental arbitrage) How to find tenants for your mid-term rentals without paying high listing fees The (surprisingly) small property types that work best for mid-term rentals And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Henry's BiggerPockets Profile How to Invest in Medium-Term Rentals Furnished Finder Stats Grab the MTR Book, “30-Day Stay” Jump to topic: (00:00) Intro (01:57) What Are Mid-Term Rentals? (06:21) Mid-Term Demand is Still Growing (09:58) Best Mid-Term Markets (18:19) Are We Past the Peak? (20:26) Finding Tenants (23:59) Fewer Regulations? (30:03) Bullish on Mid-Term’s Future Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-261 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

America is experiencing a strange housing supply problem. On one hand, we don’t have enough housing supply nationally; on the other, we have too much housing supply in cities like Austin and Fort Myers, and as a result, these cities are seeing significant rent declines. Meanwhile, rents are still going strong in much of the Midwest, as their supply-constrained markets give landlords and real estate investors the upper hand. But, even in the “oversupplied” markets, is there a chance for rent price redemption in the future? We brought on BiggerPockets’ own Market Intelligence Analyst, Austin Wolff, to share his latest findings on housing supply. Austin talks about why rents are growing in some parts of the US but declining in more oversupplied markets. But with the slowing down of construction, will these oversupplied markets become undersupplied? Will landlords in these markets be happy they held onto their properties in a few years? Austin also shares the exact market he’s making his first real estate investment, which boasts high demand but has yet to see a significant supply bump for his asset class. Does higher supply always mean lower rents? Not quite, and we’ll get into why in this episode! In This Episode We Cover The state of our 2024 housing shortage problem and why we may be under and oversupplied Where rent prices are falling and the cities with the most supply coming online When demand could finally “catch up” to the high supply these markets are experiencing The correlation between supply and rent prices (and why they aren’t ALWAYS opposite) Long-term rent projections as building starts to slow and demand stays high And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Easily Identify Your Next Market to Invest In with BiggerPockets Market Finder Dave's BiggerPockets Profile Connect with Austin Check Out Austin’s Data-Driven Blog Posts Bureau of Labor Statistics Census Data CoStar Zillow Data Master the Simple Formulas Behind Every Great Real Estate Deal with “Real Estate by the Numbers” Jump to topic 00:00 Intro 04:49 Our 2024 Housing Supply Problem 08:22 Where Rents Are Falling 13:13 Demand Will “Catch Up” 17:31 What Happens When Supply Rises? 25:46 Long-Term Rent Projections Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-260 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

**UPDATE: We recorded this episode on October 1st, as North Carolina was beginning to recover from the damage caused by Hurricane Helene and before Hurricane Milton had formed. We approached this episode as an exercise in economic analysis -- an in-depth market analysis should include a deeper assessment of environmental risk than we had time for in this discussion. And of course, no investment is more important than human lives and safety. If you’d like to contribute to ongoing recovery efforts, please consider doing so here. We talk a lot about the overall housing market, but what about the best states to invest in real estate? A state on the East Coast might see solid rents, booming business growth, and low inventory, while somewhere on the West Coast could be experiencing the opposite. At a state level, factors like economic strength, job growth, income tax, and others can greatly impact where Americans live and rent. So, which states would WE happily invest in now? Today, we’re sharing the four states we feel bullish about in 2024, specifically for economic growth. And when there’s economic growth, there’s usually excellent investing prospects. You may have thought about investing in a few of these states before, and one of them you may have forgotten was even a state (sorry to those residents), but all of them boast real estate investing potential that many other parts of the US lack. And, during a time when home prices are still high, some of these markets are seeing what could be a temporary decline, opening up the potential for you to go in and scoop up deals before their real estate markets begin to rebound. Which states are we most confident about? Stick around to find out! In This Episode We Cover Four states with booming economies and serious real estate investing opportunity The tiny state with below-average home prices and most of the Fortune 500 companies A southern state boasting serious potential as its real estate values try to recover A “treasure hunting” housing market that may be overcorrecting a little too much Why more tech is moving into this East Coast state and pumping up its property market And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Your Next Investing Market Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On the Market Episode 251 - Would You Vote for Any of These Market-Changing Economic Policies? What’s the Best Strategy for Your Market? Find Out with “Start with Strategy” Jump to topic: 00:00 Intro 02:52 1. Delaware 11:38 2. Texas 17:13 What to Buy in Texas 20:05 3. Florida 22:21 Businesses Love the Sunshine State 27:12 4. North Carolina 35:30 Best State to Invest? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-259 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Did immigrants help keep landlords afloat during this tough housing market? New data may be pointing to just that. Today, we’re discussing one rarely mentioned housing market factor—immigration and immigrant renters. We’re talking about documented AND undocumented immigrants, asylum seekers, and what the effect of the massive influx in immigration has been on the renting market. John Burns from John Burns Research and Consulting, joined by VP of Demographics Eric Finnigan, is back on the show to discuss immigration, household formation, migration patterns, mortgage rates, and the effects each of these factors has on the housing market. With immigration exploding (we’re in one of the largest immigration years EVER), the next obvious question is: how is this affecting rents/available homes? John and Eric bring in new data to share how immigration may have “bailed out” landlords during the worst parts of the market. But that’s not all. We also touch on John Burns Research’s newest house-flipping survey and how flippers are surviving (thriving?) in today’s market. Why are builders becoming more bullish on the housing market? And could the recent mortgage rate cuts open the spigot of homebuyer demand in this already supply-constrained market? We’re digging into the data that answers these questions in today’s show. In This Episode We Cover The newest immigration and housing data pointing to some surprising conclusions for landlords Why immigrants crossing the southern border are NOT just settling in border towns How immigrants may have “bailed out” multifamily investors struggling to fill units New multifamily supply and why builders are becoming more bullish in today’s market Whether or not lower mortgage rates will lead to higher home prices The state of house flipping in 2024 and whether flippers are still making money And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile U.S. Immigration Crisis: What It Really Means for Housing Markets and Investors Get on the List for John Burns Research: [email protected] Fix and Flip Survey Master the Real Estate Formulas Before You Buy with “Real Estate by the Numbers” Jump to topic: 00:00 Intro 02:11 Immigration is Exploding 04:59 Why “Households” Matter 06:40 Immigrants Boost Demand 08:50 Landlords Got “Bailed Out” 11:47 MORE Multifamily Development? 15:58 Mortgage Rate Cut Implications 23:37 Are Flippers Surviving? 29:06 Grab the Data! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-258 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mortgage rates are finally falling, and Redfin is predicting a “brighter” housing market. Who’s leading the charge in new homebuyers? Surprisingly, the generation nobody expected—Gen Z. How are they doing it, and why are their homeownership rates so much higher than Millennials and Gen Xers at the same age? We’re digging into it and sharing our forecasts of what the coming housing market will look like. But to understand where we’re headed, we have to peak inside the personal finances of Americans. In this episode, we’re breaking down the average American’s wallet, how much money they have, their credit card debt, and whether they’ll be able to weather the financial storm of rising costs coming at them. How can Americans cope with higher insurance, taxes, and home prices? Why is Redfin so optimistic about the 2025 spring homebuying market? And what are we seeing right now in our own markets in terms of buyer demand? Have lower mortgage rates finally crossed the threshold where Americans feel comfortable buying a house? We’ll touch on all of today’s latest headlines in this show! In This Episode We Cover How Gen Z became the leading young homeowner generation Lower rates, but still struggling affordability and the real solution to our housing problem Optimistic news from Redfin about the 2025 spring housing market and the big JUMP in mortgage applications The average American’s personal finances and whether they’ll be able to eat the cost of recent inflation The downfall of work-from-home and why more Americans may be moving (and buying houses) soon And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Gen Z Is Dominating Their Parents in Homeownership—According to New Report America’s home affordability crisis has a solution. Lower rates isn’t it Redfin ramping up, sees a brighter spring ahead The State of America’s Wallet How Gen Z outpaces past generations in the homeownership race Grab Dave’s Newest Book, “Start with Strategy” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-257 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are real estate syndications dead? Some multifamily syndicators are making capital calls and hiding information from investors who anxiously wait (and pray) for their money to be returned. A lot is going wrong, so should you pause investing in real estate syndications for now, or should you write them off entirely? Brian Burke, who saw it coming and sold almost everything before prices fell, is on today to give us his answer. Joining him is a fellow syndication investor and BiggerPockets CEO, Scott Trench, who’s had his fair share of syndication headaches over the past few years. We’re going back in time, talking about what exactly went wrong for multifamily syndications, why we saw a rise in untrustworthy/inexperienced syndicators entering the market, and why multifamily specifically is taking the majority of the headwinds. We’re also sharing the numbers on the almost unbelievable amount of multifamily investors who have short-term loans coming due, all at a time when interest rates are still high and values are close to (if not at) the bottom. We’ll even talk about our own failed deals and whether or not we’d continue investing in syndications. In This Episode We Cover Real estate syndications, general partners, and limited partners explained Why the multifamily real estate market is a “traffic collision” in 2024 Areas of the country with the highest/lowest risk for real estate syndications The astonishing amount of distressed investors with short-term loans coming due Our own failed investments and whether we’d still invest in syndications When multifamily real estate investments could finally rebound and become investable again And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders See Dave and Scott at BPCON2024 in Cancun! Dave's BiggerPockets Profile Scott's BiggerPockets Profile Multifamily Is at High Risk of Continuing Its Historic Crash in 2024—Here’s Why PassivePockets Brian's BiggerPockets Profile Grab Brian's Book, “The Hands-Off Investor” Jump to topic: 00:00 Intro 01:38 Real Estate Syndications Explained 11:11 Things Have Changed 19:07 Multifamily is a “Traffic Collision” 24:29 WHERE to Invest 29:20 Underwater Syndications 38:23 Are Syndications Dead? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-256 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices