Channel: BiggerPockets

Category: Education

Tags: 2022 housing bubblebuy now or waitrental propertybigger pocketshousing marketbubblehousing crashinvestingreal estate newshousing correctionincome propertywait or buy now2022 housing crashreal estate marketreal estatemarket correctionstock markethousing market predictionrentalspassive incomebiggerpocketsinvesting in real estatefinancial newshome pricesreal estate investinghousing bubblehousing priceshousing market crash

Description: It’s a housing market crash! It’s a housing market bubble! It’s a relatively normal and stable housing market! Two of these statements might make you excited, anxious, or hopeful, while one simply makes you yawn. For years, we’ve heard numerous news outlets, forecasters, and housing authorities tell us that the next housing crash is right around the corner, only for home prices to skyrocket, interest rates to rise, and demand to stay red-hot. If you want to know if a housing market crash is coming, Rick Sharga, Executive Vice President at ATTOM, a leading provider of nationwide property data, is the person to talk to. His entire job is based on finding and figuring out the data behind housing market movements, which he then presents to field leaders who are trying to make better buying, selling, and lending decisions. Rick is an industry vet and was around during the mid-2000s housing market crash, the great recession, the foreclosure crisis, and everything that followed. Rick has seen the runup in housing prices over the past two years and has some interesting theories as to where we’re headed next. Whether you think we’re in for smooth sailing or on the cusp of another crash, Rick’s predictions may surprise you. ~~~~ Join BiggerPockets for FREE: biggerpockets.com/signup?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Listen to The “On The Market” Podcast Wherever You Listen to Podcasts: Spotify: open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzY Apple Podcasts: podcasts.apple.com/us/podcast/on-the-market/id1615086704 BiggerPockets: biggerpockets.com/podcasts?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Subscribe to The “On The Market” YouTube Channel: youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA/featured ~~~~ Watch the Interview with Nick Timiraos on The Fed’s Interest Rate Warning: youtu.be/zkgSKewGItY ~~~ Stories From Our “Quick Takes” Section: Redfin: redfin.com/news/real-estate-bidding-wars-march-2022 Zillow: zillow.com/research/modest-densification-zhar-30934 Fannie Mae: fanniemae.com/research-and-insights/forecast/inflation-rate-signals-tighter-monetary-policy-and-threatens-soft-landing ~~~~ Connect with Rick on LinkedIn and Twitter: LinkedIn: linkedin.com/in/ricksharga Twitter: @ricksharga or twitter.com/ricksharga ~~~~ Connect with David and Dave on BiggerPockets: David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Dave: biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow David and Dave on Instagram: David: @davidgreene24 or instagram.com/davidgreene24 Dave: @thedatadeli or instagram.com/thedatadeli Episode 604 Show notes at: biggerpockets.com/blog/real-estate-604?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 02:12 Quick Tip 04:20 Quick Takes: Is Market Competition Falling? 08:19 Quick Takes: Upzoning and ADUs 09:58 Quick Takes: Is a Recession Coming in 2023? 12:48 What's Going On in The 2022 Housing Market? 16:23 Are Interest Rate Bumps Doing Anything? 19:40 Is a Crash Coming? 37:22 Which Markets Will See Corrections? 49:39 Are Foreclosures Still Profitable? 56:34 Housing Market Data, Not Hype