When will housing prices drop? Will real estate prices go down, or are we stuck with ever-worsening affordability as home prices continue to rise? What’s the solution to affordable housing, and why can’t investors just build smaller, more affordable homes? Our panel of expert investors gets asked these questions all day, so in this episode, we’re taking the above questions and some others from the BiggerPockets Forums and throwing them at our seasoned investors to get their takes.
First, we ask, “What would have to happen for home prices to drop?” Investor or first-time homebuyer, you’ve probably asked yourself this question. We’ll give an in-depth scenario of the exact supply and demand factors that could cause prices to finally fall. Next, how to create affordable housing and why investors might be the answer. With high home prices, is it better to buy and hold or flip houses in today’s market? Plus, the experts share exactly WHICH markets they see the most potential in today. Finally, you’ll get the pro flipper’s tips for comping properties in a market with barely any home sales.
Do you have a question to ask the experts? Post it in the BiggerPockets Forums, and we may answer it on a future show!
Henry:
What burning questions do real estate investors in our community have today? We’re going to be answering your questions about the economy and the housing market, and we’ll take our experience as active investors and give you our take so that you can make more informed decisions as investors. What’s going on everybody? Welcome to On the Market podcast. I am one of your hosts today, Henry Washington, and I am joined by my good friends James Dainard and Kathy Fettke. Unfortunately, Dave is not here with us because he’s off in some Scandinavian country doing something outdoorsy like hiking or camping or something. That sounds terrible, but I’m glad you guys are here with me.
Kathy:
That actually sounds pretty fabulous to me. I would…