“Things Are Going to Be Messed Up”


Need housing market predictions? We’ve got them. Unfortunately, they may not be exactly what you want to hear. While most landlords hope and pray that mortgage rates will head down and the housing market will finally open back up, reality paints a much different picture. With inflation still high and the Fed refusing to budge on rates, we could be in for a wild ride over the next six months. So, what will unfold before the clock strikes midnight at the end of 2023? Stick around and find out!

We brought in the heavy hitters for today’s episode. J Scott, syndicator and author of numerous best-selling real estate books, but most importantly Real Estate by the Numbers, brings his stoic and scarily accurate take to the podcast. But that’s not all. BiggerPockets CEO Scott Trench joins us to give his investor, executive, and homeowner opinion on what’s happening in the housing market. Of course, Kathy Fettke, multi-decade investor and syndication expert, brings her unique view from booming markets.

We’ll go over the housing market, inflation, interest rates, unemployment, and the overall state of the economy in this show. From explaining why the Fed will either drop or raise rates this year to examining the impact of a potential recession, then discussing the somewhat cherry-picked stats chosen by the Fed, this episode goes MUCH deeper than real estate, and you could get caught off guard this year if you don’t know what’s coming.

Dave:
Hey, everyone. Welcome to On the Market. We have a very special guest panel for you today. We have Scott Trench, the CEO of BiggerPockets joining us. Scott, thanks for being here.

Scott:
Thanks for having me.

Dave:
I am embarrassed that it took us 112 shows to invite you on, but thank you for coming. J, I think you’re our first three-time guest. We have J Scott. How would you introduce yourself, J? You do so many things.

J:
I’m A BiggerPockets OG, how about that?

Dave:
That is a good one, yes, and absolutely true.

J:
I’m…