On The Market

Uncover hidden real estate gems in smaller towns with huge investing potential. From Des Moines to San Antonio and Tyler, explore cash flow opportunities, market tools, and strategies for successful investments. Discover High Fill, Arkansas as the under-the-radar market to watch for growth and lucrative opportunities. Get ready to build wealth in 2024 with affordable, booming markets and valuable insights from the On The Market panel.

Economists predict a stagnant housing market until 2026 due to low inventory and high mortgage rates. Some US markets are already seeing prices fall. Landlords facing insurance price hikes. Rent affordability becoming an issue. Insights on investing in housing prone to natural disasters and challenges in affordable housing. Importance of networking for investors. Differing views on housing market trends discussed.

Major Finance CEO discusses cost-saving innovations in the mortgage industry, including new loan products for first-time homebuyers. Faith Schwartz reveals tech solutions to reduce origination costs by $13,000 and government push for AI advancements. Impactful for real estate investors and professionals.

Dr. Skylar Olsen, Chief Economist at Zillow, discusses the forecast of declining home prices in 2025 due to a slow spring homebuying season. She highlights the impact of high mortgage rates on buyers and sellers, predicts potential market corrections, and explores opportunities for real estate investors in different markets.

CBRE representative, Richard Barkham, discusses the booming demand in cities post-pandemic, attracting high-paid employees back to offices. He reveals investing opportunities in specific office sectors, predicts interest rate cuts, and advises on strategic investments for significant gains in the next few years.

Experts discuss factors that could lower home prices, investor solutions for affordable housing, strategies for flipping vs. renting, potential markets for investment, and tips for evaluating property prices in a challenging market.

Real estate market analyst Jay Parsons discusses the rebounding rental demand and dropping rents, analyzing the shift from oversupply to potential shortage, the impact on different apartment classes, and the outlook for rent growth as multifamily construction slows down.

Will we finally get the rate cuts the Fed hinted at earlier this year? Has the job and housing market taken a big enough hit for us to still be concerned about inflation? And how are more Americans going mortgage-free during such economic uncertainty? The housing market is changing fast, but we’re here to break down all the latest data from recent headlines as we touch on inflation, rate cuts, housing market competition, foreclosure activity, and more!We know what you want to hear about—rate cuts. We’ll touch on the latest Fed update in our first headline, as the chance of a 2024 rate cut increases with last week’s promising inflation data release. This is good news for homebuyers but may make getting a job (or keeping one) challenging. What do we mean? We’ll explain it all at the start of the show. Next, housing competition begins to drop as inventory increases and homes sit on the market longer. Will this lead to a decrease in home prices over the next year? One top listing site believes so.With all this worry about mortgage rates, many Americans are going in the opposite direction as mortgage-free homeownership steadily increases. This could have long-lasting effects on housing inventory, but when will it hit? Finally, we touch on the increase in foreclosure activity and whether or not it’s a sign of a shaky housing market to come!In This Episode We CoverThe Fed’s new rate cut prediction and how big the cut could be in 2024Inflation rate updates and why financial markets celebrated last weekHow a spike in new listings could lead to lower competition and on-market houses sitting longerThe steady increase in mortgage-free homeownership and what happens when these houses get inheritedWhy foreclosure activity is starting to rise, but it may not mean what you thinkAnd 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 Profile Dave's InstagramHenry's BiggerPockets ProfileHenry's InstagramJames' BiggerPockets ProfileJames' InstagramKathy's BiggerPockets ProfileKathy's InstagramProperty Manager FinderSee Dave at BPCON2024 in Cancun!Headlines from Today’s Show:Rate CutsHousing CompetitionMortgage-Free Homeowners Foreclosures Book Mentioned in the Show:Real Estate Deal Maker by Henry WashingtonJump to topic:(00:00) Intro(02:11) Fed Gives New Rate Prediction (08:41) Housing Competition Cools Off (22:07) Homeowners Go Mortgage-Free (31:06) Foreclosure Activity Increases Check out more resources from this show on BiggerPockets.com and  https://www.biggerpockets.com/blog/on-the-market-227Interested 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

Xander Snyder, Senior Commercial Real Estate Economist, discusses the current low multifamily sales, potential opportunities for buyers with higher cap rates and lower prices. Predictions on price declines, cap rate expansion, and rent growth are covered. Insights on oversupply, market dynamics, and future predictions for the multifamily market are shared.

Explore the comeback of zero-down mortgages and the risks involved. Learn about the new zero-down mortgage option and updates on high interest rates. Analyze house prices per square foot for potential flips and impacts of high interest rates on wood markets. Delve into international housing market trends, investment opportunities, and tax strategies. Discuss house price decreases post-pandemic and complexities of different housing markets worldwide.