Pessimistic Outlook on the Housing Market

In this chapter, they discuss the findings of Fannie Mae's National Housing Survey, which reveals that people have become increasingly pessimistic about the housing market since the beginning of the pandemic. The survey shows that fewer and fewer people believe it is a good time to invest in real estate or purchase a home. This negativity is not only limited to investors, but also extends to primary home buyers.

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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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