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Homebuyers are gearing up for a hot summer housing market as demand starts to surge. At the beginning of 2023, nobody thought it possible that we’d be in the position we’re in today. Days on market have shrunk in some areas as listing attendance explodes and buyers’ home-owning dreams resurface. But it’s not all sunshine and rainbows in the world of real estate; something bleak is on the horizon for large-scale investors. We’re halfway through Q2 of 2023, and the real estate market is changing fast month by month. Multifamily buyers are sitting on the sidelines, foaming at the mouth to dig in on deals that will soon be dead, but primary residence shoppers are facing another challenge. With a lack of inventory and mortgage rates on the verge of falling again, the buyers who were kicked out of the market last year are hungry to get back in the game. Don’t know whether now is the right time to buy your next rental property? Kathy and James give up-to-date advice on what they’re pursuing in today’s market and whether or not now is the time to get aggressive. If you want to get the data these (and many other) experts use to make their investment decisions, check out Dave’s newest Q2 housing market report:… ~~~~ Join BiggerPockets for FREE 👇… ~~~~ Listen to The “On The Market” Podcast Wherever You Listen to Podcasts: BiggerPockets:… Apple Podcasts:… Spotify:… ~~~~ Join the Future of Real Estate Investing with Fundrise: ~~~~ Find an Investor-Friendly Agent in Your Area: ~~~~ Find Investor-Friendly Lenders: ~~~~ Grab the Q2 Report:… ~~~~ Past Episodes Mentioned in Today’s Show: Altos Research:… Rocket Mortgage:… ~~~~ Connect with Other Investors on the “On the Market” Forums:… ~~~~ Data Sources Mentioned: FRED: Housing Wire: Marcus and Millichap: Redfin Data: ~~~~ Connect with Dave and Our Panel of Guests: Dave Meyer:… Henry Washington:… James Dainard:… Jamil Damji:… Kathy Fettke:… ~~~~ Follow Dave and Our Guests on Instagram: Dave: @thedatadeli or Henry: @thehenrywashington or… James: @jdainflips or Jamil: @jdamji or Kathy: @kathyfettke or BiggerPockets: @biggerpockets or Show notes at:… 00:00 Intro 02:47 Multifamily Buyers Brace for Impact 10:47 Inflation Dips, Prices Stay High 16:45 More Demand, But Bigger Discounts? 28:21 Sellers Are Staying Put 36:19 Rents Hold Strong 38:21 Q2 Housing Market Predictions 45:19 Our Go-To Housing Data Sources