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The housing market is “stuck” and may stay that way for the next two years. With low inventory, high mortgage rates, stunted demand, and high rents, it seems like there’s nowhere to go. If you’re a homeowner, this could mean good news, as price stability keeps your property value high. But, if you’re looking to buy a home or work in a real estate-related industry, this isn’t what you want to hear. What happens after 2026, and what changes will come to the housing market over the next two years? We’re breaking it all down in today’s headlines show!

First, we’re discussing why economists think the housing market will remain “stuck” until 2026 and what happens to housing prices along the way. Next, if you’re looking for deals, you’re in luck! We’re showcasing some of the “coldest” markets in the US that are seeing prices start to fall already. Is your home insurance bill killing your cash flow? We’re diving into a recent survey on the insurance “shock” hitting landlords and what investors MUST do now to account for rising prices. Speaking of rising prices, are rent prices crossing the affordability threshold for most renters? We’re getting into it all in this episode!

In This Episode We Cover

Why the housing market may stay “stuck” until 2026, and what happens after

Home price appreciation predictions and whether we’ll continue to see values increase

The “cold” real estate markets seeing price cuts and stagnant listings

How new and experienced investors can prepare for the insurance “shocks” that keep coming

Affordability updates and why rent prices may be peaking as tenants struggle to afford housing

And So Much More!

Links from the Show

Grab Your Tickets to BPCon2024 in Cancún, Mexico

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Subscribe to The “On The Market” YouTube Channel

Start Investing with Dave’s Newest Book, "Start with Strategy"

Dave's BiggerPockets Profile

Henry's BiggerPockets Profile

Kathy's BiggerPockets Profile

On The Market 218 - These “Subtle Risks” Could Have Astronomical Impacts on Real Estate Expenses w/John Sheffield

The housing market is ‘stuck’ until at least 2026, Bank of America warns

 Want To Snag a Real Estate Deal? These 20 ‘Cold’ Markets May Be a Buyer’s Best Shot at a Bargain

 The home insurance shock hitting the housing market has landlords concerned, too

Renters Must Earn $66,120 to Afford the Typical U.S. Apartment. The Typical Renter Makes $11,000 Less Than That.

Jump to topic:

(00:00 ) Intro

(03:51 ) Housing Market “Stuck” Until 2026

(13:59 ) Markets Seeing Price Cuts

(19:49 ) Insurance “Shock” Hits Landlords 

(25:41 ) The Rent is Too High!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-233 

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