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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!
Dave:
Economists are now saying that the housing market may be stuck all the way until 2026. So how does this impact real estate investors? Is it just prices that are stuck or are home sales going to be stuck? Should we all just sit around and wait two years and not do anything in the meantime?
What’s going on everyone? And welcome to On the Market. I’m your host, Dave Meyer. Today we have a headlined show for you. That means we have the whole crew, Kathy Henry, and it was supposed to be James, but he thinks he’s better than all of us and he decided not to show up today. So we’re going to be doing this one without him. And on today’s headline show, we have some good…