On The Market

Deals Are HERE for These “Thawing” Real Estate Markets

Jan 23, 2025

Austin Wolfe, a data scientist specializing in real estate trends, joins the discussion on emerging buyer's markets. They explore why certain once-hot areas are cooling, highlighting cities with strong fundamentals and significant investment potential. The conversation reveals tips for buying and rehabbing older homes, and the intriguing dynamics of long-distance investing. Wolfe also talks about his favorite markets, including affordable options with above-average metrics, making this a must-listen for savvy investors looking to capitalize on shifting trends.

33:05

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Episode guests

Austin Wolff

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Episode notes

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Quick takeaways

Emerging buyer's markets like Dallas and Nashville present lucrative investment opportunities due to strong job growth and declining competition.

Monitoring key metrics such as days on market and average page views reveals unique buying chances in cooling real estate markets.

Deep dives

Market Activity and Rising Inventory

The real estate market is showing signs of recovery, with active listings reaching their highest level since January 2020, indicating a shift away from previous stagnation. This increase in listings suggests that more sellers are entering the market, potentially motivated by life events or a desire to capitalize on changing conditions. Buyers are beginning to overcome the challenges posed by high prices and mortgage rates, contributing to increased activity across various markets. Overall, this rising inventory is seen as a positive development for investors, signaling a return of momentum in the housing market.

Intro

2min

Shifts in Real Estate Trends

11min

Navigating the Real Estate Landscape

6min

Exploring Real Estate Affordability in California and Beyond

2min

Exploring New Opportunities in Midwestern Real Estate

2min

Navigating Real Estate Renovations and Market Shifts

10min

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

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