A Turning Point for the Housing Market? | Nov. Housing Market Update
Description
The realities of a housing market correction are setting in. This could be the turning point for real estate that investors (and homebuyers) have been waiting for. Are you ready?
We’re back with our November housing market update, giving you the latest data on home prices, housing inventory, days on market, affordability, and where (and what) are the best opportunities for investors.
Sellers are growing increasingly desperate as the buyer’s market shifts further toward the investor’s side. And, with the seasonally slow winter months coming up, this could be the perfect moment to strike a deal.
There’s even better news to come. New affordability measurements are showing what most Americans thought impossible: an improvement in housing affordability. Could this set us on a trend where buying a home (at least temporarily) becomes affordable, and makes deals more profitable for investors? Dave lays it all out in today's show!
In This Episode We Cover
Home price updates and signs sellers are getting increasingly desperate
More choices for investors as housing inventory growth hits a recent record
The areas where homes are sitting on the market for the longest (multiple months!)
Dave’s pick for the best strategy in this buyer-controlled market
Affordability for Americans? A major (positive!) shift we cannot ignore
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1200
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