YouTube player

What’s the best housing market for real estate investing? If this were 2022, we’d say cities like Boise, Austin, or Phoenix, but things have changed, and many of last year’s top real estate markets look like this year’s losers. So which cities are the ones worth investing in over the next year? Which will see population, job, and home price growth? And which markets can you expect to sink even lower as interest rates rise and the threat of a recession looms? We’ve got a few housing market experts around to help you navigate the plethora of property markets in the United States. James Dainard, master house flipper on the west coast, has a surprising prediction on an often underrated east coast city. Jamil Damji, one of the nation’s largest wholesalers, is bearish on what was once a hot market and bullish on a “unicorn” city between two cultural capitals. Kathy Fettke, the Golden State’s home builder and investor, picks a fight with a familiar character and has her eyes set on another sunshine state. And, of course, we also get Dave Meyer’s take on where the data says will be the worst and best real estate market to invest in during 2023. So place your bets, get your MLS search ready, and prepare to see which markets will come out on top over the next year. If you’re thinking of buying or selling, these picks may completely change your plans! 00:00 Intro 03:01 Top Real Estate Markets of 2022 07:44 Best and Worst Markets of 2023 09:11 Worst: Detroit 14:28 Worst: San Diego 23:56 Worst: Ventura County 29:03 Worst: Reno 32:42 Best: Tampa 36:25 Best: Raleigh 43:16 Best: Hartford 46:59 Best: Madison 51:03 Real Estate Wrap-Up ~~~~ Join BiggerPockets for FREE šŸ‘‡ https://www.biggerpockets.com/signup?… ~~~~ Listen to The ā€œOn The Marketā€ 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 ~~~~ Find an Investor-Friendly Agent in Your Area: https://www.biggerpockets.com/agent/m… ~~~~ Share Your 2023 Housing Market Picks on the ā€œOn the Marketā€ Forums: https://www.biggerpockets.com/forums/… ~~~~ Hear Our 2022 Housing Market Predictions: https://www.biggerpockets.com/blog/on… ~~~~ Rocket Mortgage’s Top Real Estate Markets of 2022: https://www.rocketmortgage.com/learn/… ~~~~ 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/j… 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 67 Show notes at: https://www.biggerpockets.com/blog/on… #biggerpockets #onthemarket #onthemarket67