Exploring Real Estate Affordability in California and Beyond

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 

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