On The Market

221: Home Prices Hit Another Record: Are Americans Still Right About Real Estate?

May 30, 2024

Home prices reach record high, Americans still bullish on real estate as long-term investment. Tips for selling homes faster, Airbnb's measures against party incidents. Comparison between real estate and stock market investments, tax benefits, market trends, and pricing strategies discussed in depth.

39:43

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Quick takeaways

Americans still favor real estate as the top long-term investment choice, exceeding stocks and cryptocurrencies.

Home prices surge to record highs amidst low inventory, emphasizing the need for realistic pricing and property preparation for successful sales.

Deep dives

Americans' Perception of Real Estate as the Best Investment

Despite the varied economic landscape, 36% of Americans still view real estate as the top long-term investment option, overshadowing stocks, gold, and cryptocurrencies. Discussions among experts highlight the complexity of comparing real estate to other assets, emphasizing factors like leverage, returns, and personal investment strategies that influence individuals' perceptions of investment choices.

Introduction

2min

Real Estate vs. Stocks: An Investment Debate

6min

Tax Benefits and Real Estate Market Trends

4min

Exploring Housing Market Dynamics and Pricing Strategies

14min

Maximizing Real Estate Opportunities

6min

Ensuring Safety in Short-Term Rentals

5min

Updates on Red Lobster Bankruptcy, All-You-Can-Eat Wings, and Real Estate Webinar

4min

Home prices are still soaring as they hit a new record high, despite high mortgage rates and low inventory dampening demand. At some point, this unaffordable housing market must make Americans even a bit bearish on real estate, right? Well, maybe not, according to a new survey that shows what Americans view as the best investment in the long term. But these updates are just the tip of the iceberg on today’s headlines show!

We’re back to discuss the housing market’s most hard-hitting headlines and share our opinions on whether they’re fact, fiction, or pure hype. First, Americans give their take on the best long-term investment, and one asset in particular reigns supreme (sorry, it’s not crypto!). Next, will record-breaking home prices push demand down even further, forcing house flippers and home sellers to get desperate? Our experts share exactly what they’re seeing in their local markets.

Speaking of home sellers, are you selling right now? If so, there are five things you CAN control that’ll help you sell your home faster and for more, even in today’s tough housing market. Expert house flipper James Dainard gives even more tips on how he gets his flips sold at lightning speed, even during slow seasons. Finally, we touch on Airbnb’s latest party-pooping and how they’re putting hosts in the driver’s seat to protect their properties from ragers that could ruin their homes. Plus, an update on the end of endless shrimp (check out this episode for context).

Just getting into real estate investing? Catch a FREE investing webinar on how you can get in the game as a complete newbie. Ready to invest? Join BiggerPockets Pro and use code “NEWMARKET24” for 20% off, plus get access to elite investor tools to help you get more deals done!

In This Episode We Cover

Why Americans think this asset is the best long-term investment

Home price updates and what the effects could be with housing prices hitting record highs

Five tips to sell your home faster and for more money even in today’s housing market

What an expert house flipper does on EVERY home he sells to get the best price possible

Airbnb’s newest party ban and how hosts can protect their properties

An unfortunate update on one of America’s most beloved seafood restaurant chains

And So Much More!

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