Don’t you love Wall Street? From artificially inflating the housing market to kicking first-time homebuyers to the curb, and now, selling off their inventory at a fraction of the cost. Wall Street and hedge funds alike seem to be the big landlords giving the rest of us a bad name. But, their latest blunder could bring about good news for the average mom-and-pop investor, house hacker, or even regular first-time homebuyer. Welcome back to “On The Market”, your bi-weekly update on everything related to real estate. Today, our panel of expert investors has brought along the most pressing stories related to property buying, selling, flipping, and wholesaling. You’ll hear why Wall Street may be turning away from real estate investing entirely, the Fed’s backpedaling on their money printing mistake, why new listings are dropping off, and which cities make the list of the most vulnerable housing markets in America. There’s no need to start getting sweaty—although many headlines seem anxiety-inducing for the average renter, homebuyer, or seller, for real estate investors, most of this is great news. With buying opportunities almost burying us, 2022 is starting to look a lot more lucrative than we thought it would! Wondering what’s the best move to build wealth? Stick around!
~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?… ~~~~ Listen to The “On The Market” Podcast Wherever You Listen to Podcasts: Spotify: https://open.spotify.com/show/2NlzZ9N… Apple Podcasts: https://podcasts.apple.com/us/podcast… BiggerPockets: https://www.biggerpockets.com/podcast… ~~~~ Join the Future of Real Estate Investing with Fundrise: https://www.fundrise.com/bpmarket ~~~~ Articles from This Episode: Treasury Yields: https://finbold.com/real-estate-exper… Quantitative Tightening: https://www.bloomberg.com/opinion/art… Most Vulnerable Housing Markets: https://www.attomdata.com/news/market… Rents Hit Record High: https://www.cnn.com/2022/08/24/homes/… New Listing Drop Off: https://www.redfin.com/news/homeowner… ~~~~ Ask Your Question on The “On The Market” Forums: https://www.biggerpockets.com/forums/… ~~~~ Connect with Dave and Our Panel of Guests: Dave Meyer: https://www.biggerpockets.com/users/d… Henry Washington: https://www.biggerpockets.com/users/h… James Dainard: https://www.biggerpockets.com/users/h… Jamil Damji: https://www.biggerpockets.com/users/j… Kathy Fettke: https://www.biggerpockets.com/users/k… ~~~~ Follow Dave and Our Guests on Instagram: Dave: @thedatadeli or https://www.instagram.com/thedatadeli/ Henry: @thehenrywashington or https://www.instagram.com/thehenrywas… James: @jdainflips or https://www.instagram.com/jdainflips/ Jamil: @jdamji or https://www.instagram.com/jdamji/ Kathy: @kathyfettke or https://www.instagram.com/kathyfettke/ BiggerPockets: @biggerpockets or https://www.instagram.com/biggerpockets/ Episode #38 Show notes at: https://www.biggerpockets.com/blog/on… 00:00 Intro 01:04 Wall Street Loses Its Appetite 07:54 Reeling In the Fed’s Cash Avalanche 16:10 Most Vulnerable Housing Markets 21:59 Rents Keep Rising 31:59 New Listings Start to Decline 39:35 Crowd Source: When’s the Right Time to Start?