Molly Boesel, Principal Economist at CoreLogic, discusses the high level of home equity in America and its impact on the housing market. Topics include the rise of accidental investors, the reluctance of homeowners to sell, and the potential effects on housing supply and prices. The chapter also explores the combination of high equity and low mortgage rates, as well as factors influencing equity growth.

The housing market has two big problems: home prices and a lack of supply. With so few homes on the market, buyers have barely anything to choose from, and sellers remain in control. But how did we get to this point? Back in 2008, there were too many homes on the market, and we all know what happened to home prices. So how did we go from being oversupplied to undersupplied by MILLIONS of housing units so quickly? The answer is pretty simple.Mark Zandi, Chief Economist at Moody’s Analytics, joins us again to give his take on the 2024 economy, the housing market, home prices, and our massive underbuilding problem. The last time Mark was on the show, he explained the “slowcession” that could have taken place in 2023. Instead, a roaring economy took off with low unemployment, high consumer spending, and real wealth increases for many Americans.But, as we head into 2024, there are still a couple of BIG problems: little-to-no housing supply and a polarizing presidential election of epic proportions. Both of these will have big impacts on the economy, and if you want to know what could be coming next, don’t miss this episode!In This Episode We Cover:The “rip-roaring” labor market and why unemployment has stayed so lowWhy middle and high-income households are thriving while low-income households are struggling even moreThe Fed’s recent rate pause and whether it was the right move for them to makeThe 2024 election and the huge effects it could have on the economyOur lopsided housing supply and why we’ve been building the wrong real estate for too longMarks’ 2024 home price predictions and why weak/flat pricing could be in our futureAnd So Much More!Links from the ShowFind an AgentFind a LenderBiggerPockets ForumsBiggerPockets AgentBiggerPockets BootcampsJoin BiggerPockets for FREEOn The MarketJoin the Future of Real Estate Investing with FundriseConnect with Other Investors in the “On The Market” ForumsSubscribe to The “On The Market” YouTube ChannelDave's BiggerPockets ProfileDave's InstagramHear Our Last Episode with Mark on the US Bank FailuresHome Building is Exploding, But Will it Solve Our Inventory Crisis?Connect with Mark:Economic ViewMark's X/TwitterClick here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-175Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn from top economists at Zillow and Redfin about their predictions for the 2024 housing market. Topics discussed include home prices, affordability correction, mortgage rate forecasts, impact of student loans and credit card delinquencies, risky and affordable markets to watch, and the potential post-pandemic boom.

What makes a good real estate market? A stable or growing population, large employers nearby, tourism, and, as a bonus, college-educated residents. Put those all together, and you’ve just stumbled upon your next great real estate investing area: college football towns! After digging into the data, the On the Market panel discovered that many top college football markets aren’t just great for partying and tailgating; they’re also undeniably promising property markets!On today’s episode, Dave, Henry, James, and Kathy will uncover four of the BEST college football markets in the nation and share which ones they personally would invest in. Looking for cash flow? We’ve got a couple of markets. What about long-term appreciation? We have those, too! We even have one STRONG college football market that has seen prices drop off over the past two years, with HUGE potential for rising prices in the near future. If you’ve been waiting to buy your first or next rental property but don’t know where to invest and which metrics to watch, this is THE episode to listen to. The On the Market panel will explain exactly how they analyze each market, which ones make sense for which investor, and why you’ll want to score a deal in these cities before it’s too late! In This Episode We Cover:The four best real estate markets for cash flow, appreciation, and football One expensive market with amazing house flipping profits and NO income tax The boomtown market that's seeing BIG price drops but has massive appreciation potential Two cash flow real estate markets with low home prices and strong populations The metrics expert investors look at before they invest in ANY real estate market And So Much More!Links from the ShowFind an AgentFind a LenderBiggerPockets ForumsBiggerPockets AgentBiggerPockets BootcampsJoin BiggerPockets for FREEOn The MarketJoin the Future of Real Estate Investing with FundriseConnect with Other Investors in the “On The Market” ForumsSubscribe to The “On The Market” YouTube ChannelDave's BiggerPockets ProfileDave's InstagramHenry's BiggerPockets ProfileHenry's InstagramJames' BiggerPockets ProfileJames' InstagramKathy's BiggerPockets ProfileKathy's InstagramInvesting in College Rental Property — Step-by-StepThe 8 Best Housing Markets in The US For Low Prices and High Cash FlowAustin Price Decline ForecastClick here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-173Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, discusses the concept of a rolling recession and the potential implications for different sectors of the economy. She analyzes the labor market and predicts a possible uptick in unemployment rate in 2024. The podcast also explores the impact of rate hikes on the economy and the indicators used to predict recessions.

The podcast discusses the best places to live in the US and whether they are worth investing in. They analyze the top cities on the list, talk about cash flow vs. appreciation potential, and provide insights on metrics to consider before investing in any real estate market. They also discuss the challenges faced by real estate investors and introduce solutions like Fundrise and Deal Machine. Additionally, they explore the investment potential in Boulder, Colorado, and provide tips on buying real estate in winter.

Orphe Divounguy, Senior Economist at Zillow, discusses Zillow's 2024 housing market predictions including a potential 'big reset' and an economic trifecta that could lead to a hot housing market. They also talk about improving housing inventory, headwinds to watch out for in 2024, and the impact of a presidential election on the property market.

Rick Palacios Jr., an expert in the single-family rental market, discusses the results of a survey on 270,000 single-family rental homes. Topics include rent growth, expenses, high mortgage rates, and why institutional investors are struggling while mom-and-pops are buying.

Learn how to prepare for a recession in 2024 and profit from it. The podcast provides four suggestions for investors to navigate the bad times and thrive in the good. Topics include emergency reserves, cutting costs, accessing backup debt, and diversifying outside of real estate. The importance of cash reserves, managing software subscriptions, and expenses, as well as reallocating capital and diversification for real estate investors, are also discussed.

Expert tactics and strategies for investing in real estate in 2024, the importance of affordability in the housing market, underwriting conservatively in uncertain times, targeting the right market, cash flow and long-term financial security, and the significance of portfolio management in real estate investing.