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