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Did home prices just hit their floor? New demand data is showing something no one expected—buyers coming back. If the supply-demand balance hits equilibrium, we could see the national housing market begin to settle at prices like these. One thing that could change all that? Mortgage rates—and with a potential peace deal on the table between the U.S. and Iran, we could finally get some relief.
A lot of housing market news hit over the past week, and we’re getting into all of it. If you’ve been waiting for the market to thaw, this could be a sign it’s starting. Demand for home purchases is rising, even though news outlets are telling you otherwise. What does that mean for buyers? We could be at the bottom for home prices—and we have proof.
Will a peace deal in the Middle East bring mortgages back down to the 6% (or sub-6%) range? It’s looking possible. We’ll get into exactly what could happen if a peace deal is struck soon or if the war drags on longer. The consequences could be massive for the housing market, inflation, and the economy. But one thing you can be sure of? A certain type of real estate is seeing massive pressure to sell at a discount—every investor should be looking at these properties.
In This Episode We Cover
What happens to mortgage rates if a peace deal with Iran is finally struck?
The one type of residential rental property seeing unparalleled discounts (and incentives)
Signs that we have hit the floor for national home prices (crash chances are dwindling)
A very positive sign for the real estate industry as buyers come back to the market
The one thing that could cause rate hikes and spiking interest rates in the near future
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets
Sign Up for the Investor Brief Newsletter
Find Investor-Friendly Lenders
On the Market 432 - J Scott: We Have 1-2 Months Before the Economy
On the Market 429 - The Ultimate "Stress Test" for the Housing Market
Grab Dave’s Book, Real Estate by the Numbers
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-433.
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Mortgage rates
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biggerpockets.comJoin BiggerPockets for FREE
biggerpockets.comSign Up for the Investor Brief Newsletter
biggerpockets.comFind Investor-Friendly Lenders
biggerpockets.comOn the Market 432 - J Scott: We Have 1-2 Months Before the Economy
biggerpockets.comDave's BiggerPockets Profile
biggerpockets.comGrab Dave’s Book, Real Estate by the Numbers
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