Episodes
-
Jamie Dimon, CEO of JPMorgan Chase, America’s largest bank, just issued a major economic warning. In Dimon’s eyes, the economy has falsely recovered from the tariffs imposed on Liberation Day, with investors exhibiting an extraordinary amount of “complacency” in the face of mounting economic risks. If the country’s biggest bank is saying this, why aren’t Americans listening, and what should you do with your investments right now to protect yourself from more risks to come?
The Liberation Day tariffs tanked the stock market and raised serious inflation concerns almost overnight. While the stock market has recovered, inflation fears are still peaking, economic sentiment has deflated, and consumer debt is rising. Is now the time to sell and move into cash in case a recession or more serious economic downturn arrives?
Dave is breaking down the most significant economic risks we face right now, which have the biggest effects on real estate, and how he is personally managing his money to protect himself from economic risks that most investors aren’t prepared for. But what should you be doing now? Dave is sharing his “capital preservation” checklist.
In This Episode We Cover
Jamie Dimon’s major warning for the U.S. economy and the threat of “complacency”
The biggest risks facing the economy today and whether or not they can be mitigated
Why the state of the U.S. consumer is starting to seriously worry economists (and Dave)
How to protect your investments (and your wealth) during economic downturns
Why you MUST switch to “capital preservation” mode when economic cracks begin to form
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find Investor-Friendly Lenders
On The Market 312 - Inflation Fears Soar to 1980s Levels, Consumer Sentiment Sharply Plummets
Dave's BiggerPockets Profile
Grab the Book, "Recession-Proof Real Estate Investing"
Jump to topic:
(00:00) A Major Economic Warning
(01:51) Dangerous "Complacency"
(04:14) Biggest Economic Risks
(12:21) Will the Tax Bill Help?
(14:33) Sentiment Drops, Inflation Fears Grow
(18:56) How to Protect Your Investments
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-325
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Warren Buffett just dropped a blunt take on why real estate may not deliver the same upside as stocks. Is he onto something—or overlooking key factors that still make the housing market a smart bet? We’re breaking it all down on today’s headlines episode!
Meanwhile, a huge wave of properties is quietly changing hands. Boomers are passing down homes, but are Millennials ready for the keys? For many heirs, this transfer of wealth is proving to be much more than they bargained for. Sky-high renovation costs, large mortgage balances, and rising taxes and insurance premiums can make inheriting a home feel more like a burden than a blessing. What’s more, without proper estate planning, families could face unexpected capital gains taxes or get stuck in probate court.
Our panel of experts unpacks these challenges and what every family should know before passing down property. Plus, we’re tracking new issues like falling vacation home demand, rising Treasury yields, and their potential impact on the housing market. Are new real estate investing opportunities hiding in plain sight? Let’s get into it!
In This Episode We Cover
Why Warren Buffett sees more upside in stocks than real estate (and what he’s missing)
Boomers are transferring $19 trillion in real estate (and why millennials aren’t ready)
Why falling demand for vacation homes opens the door for short-term rental opportunities
How rising Treasury yields and US deficit concerns affect real estate investors
How smart investors tweak their strategies and stay one step ahead as markets shift
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find an Investor-Friendly Agent in Your Area
Dave's BiggerPockets Profile
Henry's BiggerPockets Profile
James' BiggerPockets Profile
Kathy's BiggerPockets Profile
BiggerPockets Money 532 - Building Generational Wealth? Don’t Lose It With This ONE Critical Mistake
Articles from This Episode:
The Boomer Home Dilemma: Millennials aren’t ready to inherit the homes they grew up in
Warren Buffett on investing: ‘There’s just so much more opportunity’ in the stock market than in real estate
Demand For Vacation Homes Drops to Lowest Level Since at Least 2018
30-year Treasury yield spikes to 5.09%, 10-year yield hits 4.61% as GOP bill raises deficit concerns
Grab Dave’s Book, “Start with Strategy”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-324
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Missing episodes?
-
Rent growth has slowed significantly since the massive hikes of 2020-2023, but could we be close to another major rebound? A surge in multifamily supply has led many apartments to offer discounted rents, move-in and renewal concessions, and other perks to attract renters. Renters currently have the upper hand, but what happens when the supply-demand balance shifts—and less than half the usual new supply comes online?
Dave is answering that question in this May 2025 rent update. We’ll walk through which cities have rising rents, which are seeing declines, multifamily vs. single-family rents, and a new (optimistic) 2025–2026 rent forecast that could change everything for landlords. Single-family rentals are already in decent demand, so what happens when those cheaper multifamily apartments reach maximum occupancy?
This could be great news for landlords and real estate investors, but the general public is NOT paying attention. If rental demand stays steady but supply drops off a cliff, you could stand to benefit. We’re getting into that, and more, in this episode!
In This Episode We Cover
New May 2025 rent growth update and single-family vs. multifamily numbers
The huge investor opportunity for 2026 as multifamily supply dries up
Cities with rising rents that very few investors would have predicted
An optimistic rent growth forecast (and whether Dave believes it)
Surprisingly expensive markets that are seeing rents grow EVEN more
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Property Manager Finder
Rental Demand is Surging 3x Faster Than Homeownership—Here’s How to Catch the Wave
Dave's BiggerPockets Profile
Grab Dave’s Book, “Real Estate by the Numbers”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-323
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
New builds are popping up everywhere. But some markets have a lot more new homes on the way. This could be risky for real estate investors in these areas, as steady demand and growing supply could put downward pressure on home and rent prices. Where are builders the most and least bullish in 2025, and which markets have so much supply that investors might want to steer clear? Today, we’re giving you a housing supply and inventory update.
Austin Wolff joins us again to share findings from the latest builder sentiment survey—how confident builders are in today’s housing market—and which markets they’re building the most (and least) in. This is crucial as an investor, whether you rent or flip, since supply is one factor investors can’t control.
Builder sentiment has seen a quick reversal from the 2020 - 2022 highs, but why are there still so many new development projects if builders are bearish? With permits finally getting approved, many builders are forced to complete projects, even during weaker market conditions, leading to lower prices for new build buyers and some dangerous “spillover” effects for investors in the market.
In This Episode We Cover
Why builder confidence has dropped so much, and why they can’t stop building (even with less profit)
Markets seeing the most new construction and potential downward pressure on home prices
Why now may be a great time to pick up a new build as developers give concessions
The simple formula you can use to see if your market has too much supply for demand
Could pessimistic builder conditions be better for appreciation in the long run?
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find an Investor-Friendly Agent in Your Area
How to Save Up to 20% on New Construction Homes
Dave's BiggerPockets Profile
Austin's BiggerPockets Profile
Grab Dave’s Book, “Real Estate by the Numbers”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-322
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Price cuts are hitting the housing market fast, and Wall Street is paying close attention. A new real estate fund just raised $6 billion specifically to invest, signaling that now could be close to the bottom for investment properties. Should you follow their lead, and if you do, which markets are seeing the biggest price cuts where you can pick up discounted deals well below asking price? We’re sharing the top cities with price cuts, why Wall Street is betting on real estate, and a strong sign for the housing market in this headlines episode!
Young homebuyers are taking the reins as first-time homebuyer demand starts to rebound in a big way. We weren’t kidding about returning to a “healthy housing market,” and this data may be a sign it’s true! But is buying really the best decision, especially with high rates and (still) high home prices? We brought a list of where renting makes more sense than buying.
The housing market is shifting, and we could be rebounding from years of high prices and stagnant sales. Investors need to pay attention, because the signals are pointing to big changes. Want to get in the know? Stick around! We’re sharing it all in this episode.
In This Episode We Cover
Wall Street’s $6 billion (with a “b”) bet on real estate prices recovering
Why young homebuyers are taking up a BIG share of housing market demand (even though the news says the opposite!)
Real estate markets with price cuts and which we’re bullish on
Renting vs. buying in 2025: these cities are where it makes the most sense to rent
How to invest in an expensive market for big equity gains AND low money down
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find an Investor-Friendly Agent in Your Area
On The Market 320 - Zillow: Price Cuts Hit Record as Inventory Floods Back (May 2025)
Articles from This Episode:
Dave's BiggerPockets Profile
Henry's BiggerPockets Profile
James' BiggerPockets Profile
Kathy's BiggerPockets Profile
Ready to Buy? Grab the Book “First-Time Home Buyer”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-321
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Price cuts surge across the housing market as inventory bounces back in a big way. The “healthier” housing market is starting to show, and the “gap” between buyers and sellers is shrinking. Zillow’s Orphe Divounguy is back to give a sneak peek at their latest housing market data, which shows encouraging signs for buyers, agents, lenders, and anyone who wants the housing market to get back in action!
After Zillow recently forecasted a home price decline in 2025, many saw this as a bearish signal for housing. But Orphe, Senior Economist at Zillow, says that this is instead a good sign for the market. With inventory rising, sellers are getting more realistic, meaning lower prices and more choice for buyers. But what about mortgage rates—could they also drop and fuel even greater affordability? Orphe is sharing his mortgage rate prediction as well.
How will trade wars and tariffs affect the housing market with so many Americans on the financial edge? Could higher inflation and a potential recession breed big trouble for the housing market? We’re getting Orphe’s refreshingly data-backed (and surprisingly optimistic) take on what’s to come in the rest of 2025.
In This Episode We Cover
Zillow’s latest May 2025 housing market update (and GOOD news for buyers)
Record price cuts: why sellers are starting to get realistic
Housing markets seeing the most pain, and which to think twice about before investing
How trade wars and tariffs could hit housing, and Orphe’s take on inflation
Is a recession really coming? Why Orphe isn’t so sure that the writing is on the wall
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find an Investor-Friendly Agent in Your Area
Dave's BiggerPockets Profile
BiggerPockets Real Estate 1101 - Housing Market Shift: Inventory Catapults Back, Buying Opportunities Grow
Economic Policy Uncertainty Index
Grab Dave’s Book, “Real Estate by the Numbers”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-320
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Economic risk is growing, and protecting/building your wealth could get more challenging. Stocks are overvalued, mortgage rates are high, and many Americans feel stuck without a good option. What’s BiggerPockets CEO Scott Trench doing with his money to protect his wealth from inflation, recessions, and easy-money policies? Today, Scott shares his exact plan (and new investments!).
Scott went on record a few months ago to talk about his big move—cashing out of much of his index fund portfolio. What, in hindsight, looked like perfect market timing was instead a defensive move to protect himself from growing irrational exuberance. Where did he put the cash he got from the sale? Right into real estate, and so far, it’s working out quite well.
Today, Scott talks about the exact property types he’s buying, the best investing move for a beginner to make given today’s challenging economic landscape, and the significant economic risks that could be coming in 2025 and 2026. Scott’s putting his money where his mouth is, and, so far, he’s been spot on. Would you take the same approach to protect your wealth?
In This Episode We Cover
What BiggerPockets CEO Scott Trench is investing in while stocks remain overvalued and economic risk grows
The best real estate investments for someone starting in today’s economic environment
Growing economic risks from tariffs, a new Fed chair, and what’s sparking new inflation fears
Want lower interest rates? Here’s why betting against the labor market isn’t the best move
Is real estate as overvalued as stocks right now?
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find an Investor-Friendly Agent in Your Area
Dave's BiggerPockets Profile
BiggerPockets Real Estate 1118 - Data Says It’s a Buyer’s Market: Here’s Where the Most Opportunity Is w/Scott Trench and Michael Zuber
Scott's BiggerPockets Profile
Invest in Any Market Cycle with “Recession-Proof Real Estate Investing”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-319
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
The US economy is shrinking, with GDP declining this quarter. We’re getting closer to recession territory, so why aren’t mortgage rates dropping? We’ll explain how one crucial part of the economy is staying strong—keeping the Fed from cutting and delaying the typical rate-drop that comes with a recession. What’s stopping us from going back to sub-6% mortgage rates? We’ll break it down in this episode.
The economy is changing—fast. The US saw its GDP turn negative last quarter as many Americans braced for the impact of tariffs. But even with the overall economy lagging, labor data remains strong. Jobs are still being created, unemployment is relatively low, and Americans are going to work. This may be the single factor keeping the Fed in limbo, unable to cut rates any further. So, what happens if the labor market breaks?
Home builders were already anxious over the past year, and now they’re getting even more hesitant to build. With tariffs pushing up prices for materials, building (and buying) a house could get much more expensive. And with builders already dropping prices, could this lead to a broader decline in home prices across the nation?
In This Episode We Cover
A worrying sign for the US economy and whether it could trigger lower mortgage rates
The one thing standing in the way of the Fed finally cutting rates again
Tariff effects on GDP and the first signs of what they could do to our economy
New labor market numbers and why jobs are being added as the economy shrinks
Are we in a recession? And does it even matter if we are?
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find Investor-Friendly Lenders
Dave's BiggerPockets Profile
BiggerPockets Real Estate 1116 - The Mortgage Rate “Range” to Expect for the Rest of 2025
Invest in Any Market Cycle with “Recession-Proof Real Estate Investing”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-318
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Another MLS lawsuit is making waves—this time aiming to remove unfair listing rules and help both buyers and agents. Experts say we’re in a “healthy” housing market, but does it feel that way? A high-demand, often-overlooked “cash cow” rental strategy is exploding in 2025, and we talk about everyone’s favorite state to hate: California. Is investing in Los Angeles actually worth it? All that, and more, in today’s show!
Experts from HousingWire are calling today’s housing market “healthier” as buyers gain leverage, inventory rises, and pending sales increase. If you’re a hesitant investor, it may be time to get in the game, but flippers and sellers must be careful. James and Henry share how they’re still (profitably) selling deals in today’s market.
Want to make WAY more cash flow? This rental strategy’s demand is surging, and there’s not enough supply! We’ll describe the strategy and why it’s become a “cash cow” with even better future potential. Is the appreciation worth investing in America’s hardest housing market—California? Finally, a new MLS lawsuit makes waves as a key brokerage challenges strict selling standards that could be hurting buyers, sellers, and agents. What happens if they win?
In This Episode We Cover
The new MLS lawsuit that may trigger a “domino” effect leading to the end of the MLS
A cash-flowing rental strategy with growing demand in 2025 and where it works
Why experts say the housing market is “healthy” again—but why it still feels off
Does it ever make sense to invest in California? Why the wealthy still park money there
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find an Investor-Friendly Agent in Your Area
Los Angeles Real Estate: Why Do People Continue to Invest Here?
Why the housing market is actually much healthier in 2025
Compass files an antitrust suit against NWMLS over its CCP
Dave's BiggerPockets Profile
Henry's BiggerPockets Profile
James' BiggerPockets Profile
Kathy's BiggerPockets Profile
Grab Dave’s Book, “Start with Strategy”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-317
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
What the heck is happening with the US economy? Stocks are down, now they’re up, mortgage rates are dropping—wait, scratch that—they’re back up again, the Fed could have a new chair, and if they cut rates, interest rates could…rise? A “technical” recession is on the way, but will it have the same effects as the last one? We need some backup to explain the state of the US economy, and J Scott is here to do just that.
J wrote the book on Recession-Proof Real Estate Investing and is known as one of the most economically aware real estate investors. Today, we’re diving into it all: mortgage rates, recession chances, inflation rates, tariffs, trade wars, future home price predictions, and what J plans to do with his money.
Home prices are already unstable, but could a recession, combined with high inventory and low demand, push us over the edge? This may not be another 2008, for many reasons, but the psychological effect of a recession can be severe—especially on homebuyers and sellers. We’re giving you J’s complete overview of the economy today.
In This Episode We Cover
Whether or not home prices are at risk as we enter a “technical” recession
J’s investment plan for 2025 and the assets he’s most bullish on
The massive undersupply problem that’s propping up the housing market
Inflation forecasts and the unexpected tariff side effects that could cost Americans
Why “just buy American” won’t stop you from feeling inflation
How the Fed cutting rates could…raise rates?
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find Investor-Friendly Lenders
Dave's BiggerPockets Profile
On the Market 315 - Stagflation Risk Rising Fast as US Economy Falls Out of Balance
J's BiggerPockets Profile
Grab J’s Book, “Recession-Proof Real Estate Investing”
Jump to topic:
(0:00) Intro(2:04) Home Prices (Probably) Won’t Crash(8:24) Still SO Undersupplied(9:56) The “Technical” Recession Coming(14:45) GDP Will Drop(18:26) Inflation Forecast(22:58) Just Buy American Goods?(28:15) New Fed Chair?(34:23) J’s Investment Plan
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-316
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Stagflation: the combination of two of the worst economic conditions—inflation and slow/no growth. With stagflation, prices rise, asset growth shrinks, unemployment increases, consumer confidence drops, and economic pain spreads. This is the first time in almost fifty years that the US has had to deal with what is an extremely rare economic scare. And with the Fed already under immense pressure to lower rates, is the US economy out of escape routes?
Today, we’re talking about stagflation—a trend that has worried major economists for months. Economic “warning signs” are already flashing as recession and inflation risks grow. But if we get hit with stagflation, how bad will it be, how long will it last, and how will it affect real estate? I’m explaining it all today.
We’ll walk through what happened during the 1970s stagflation crisis, how home and rent prices were affected, what’s causing today’s stagflation risk, and whether the Fed has any power left to mitigate the worst consequences of it. This could affect every American and anyone investing in American real estate, but have my investing plans changed? I’ll tell you what I’m doing next.
In This Episode We Cover
Stagflation explained and why it’s becoming a greater risk in 2025
Why the Fed may be out of options to fight stagflation and what’s causing it
Reviewing the 1970s stagflation crisis and what happened to real estate prices then
Inflation forecasts for 2025 and how much more prices could rise
My current investing plan and how I’m looking at real estate if stagflation strikes
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find an Investor-Friendly Agent in Your Area
Real Estate Investors—You Should Be Very Concerned About Stagflation
Dave's BiggerPockets Profile
Buy Real Estate the Right Way in Any Market Cycle with “Real Estate by the Numbers”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-315
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
The housing market may be at greater risk than many of us thought. An economic trifecta is forming. If all three conditions hit at once, it could spell serious problems for anyone in the real estate industry. We may be close to a time when high home prices, high mortgage rates, and a recession all meet, causing a significant slowdown with effects that could hurt everyone who buys, sells, or helps transact on homes. But how likely is this to happen?
The past month has been a wild ride for the economy. Mortgage rates fell dramatically but are now shooting back up. Inflation and unemployment fears are peaking as consumer confidence drops to unprecedented levels. And now, new tariffs could drive costs even higher. This could change everything, weakening the US dollar and making buying a house even harder.
Every real estate investor, agent, lender, or professional should understand these risks because the effects could be severe. In this episode, we’re breaking down all the latest economic changes and how they affect the housing market.
In This Episode We Cover
New risks to the housing market that could cause big changes for buyers and sellers
Why interest rates are starting to reverse, shooting back up EVEN with high recession risk
The trifecta of bad news for the housing market and what investors must know now
What a weakening dollar means for mortgage rates and the US economy as a whole
Transaction volume forecasts and whether we’ll still see a hot spring homebuying season
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find Investor-Friendly Lenders
Dave's BiggerPockets Profile
BiggerPockets Real Estate 1106 - The One True “Inflation-Proof” Investment (EVEN with Tariffs)
Invest in Any Market Cycle with “Recession-Proof Real Estate Investing”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-314
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
What if you could predict how a housing market performs before buying there? This would allow you to invest only in the best areas across the US, putting money down where you know it will multiply and letting you get leagues ahead of the other investors. This is MORE than possible, but you’ll need to know which metrics mean the most to an investing market. Neal Bawa has been doing this for years, building a huge real estate investing empire simply by looking at the data others often ignore. Today, he’s giving you his exact strategy.
Why should you NOT invest in your backyard? It may seem like the easiest place to start, but Neal says you could miss out on a massive upside by sticking to what is comfortable. As a data scientist, he puts the numbers before the hype, ditching cities that investors are flocking to and investing in those that only have the most solid fundamentals. He mentions one metric that makes a housing market grow or slow in rent prices, but which metric is it?
Today, Neal is sharing the best markets across the US to invest in, why renters prefer one type of housing over others (it’s not what you’d think), what Neal is buying NOW even with high interest rates and still (relatively) stubborn sellers, and why his six-metric formula is the key to predicting which markets will boom.
In This Episode We Cover
How to predict rent growth and home price growth in ANY market in America
Multifamily vs. single-family rentals and why one hybrid is beating both
Neal’s top 2025 markets to invest in using his six-metric market formula
Why Neal stopped making offers on apartments and started buying THIS instead
Is local real estate investing hurting your returns? Here’s why you may want to move your money
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find Investor-Friendly Lenders
13 Real Estate Hot Spots You Won’t Want to Miss Next Year
Neal's BiggerPockets Profile
Multifamily University
Grab the Book “Real Estate by the Numbers”
Jump to topic:
(0:00) Intro
(3:00) DON’T Invest in Your Backyard?
(6:34) This Metric Predicts Markets
(14:35) Tenants Want THIS Most
(22:26) Best Markets in America
(24:30) What Neal’s Buying NOW
(33:52) Connect with Neal!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-313
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Consumer confidence collapses, China flashes its “nuclear option,” Zillow goes after secret listings, and uh oh, renovations could get even pricier—what does it all mean for your investments?
Americans are dealing with severe trade war whiplash, and it’s starting to show. Consumer sentiment has fallen off a cliff in the most recent reading, with many Americans fearful that inflation will spike back up, the economy will slow way down, and we’ll be stuck in economic quicksand. How close is this to reality, and if average Americans are panicking, what should investors do to keep their sanity and portfolios stable?
It’s been quite a week, so we’re bringing you the biggest headlines from the housing market and more! Zillow fights to unlock some of the “gated” listings agents and brokers have been using to curate their clientele selectively. Don’t know what secret listings we’re talking about? There’s a good chance they were hidden from you, too!
China holds the “nuclear option” that could end the trade war, but will they use it, knowing that it could quickly send a shockwave across the shore and straight into China’s own economy? Plus, are things really that bad? According to Americans…yes. Consumer sentiment is now hovering around ten-year lows. Flipper confidence could be next, as construction costs may rise due to tariffs. How do you protect your deals, no matter what’s coming down the pipeline?
In This Episode We Cover
China’s secret weapon against high tariffs (and whether they’ll actually use it)
New consumer sentiment numbers that show just how bad Americans think the economy will get
Inflation expectations and why many Americans are prepared for a return to constantly rising prices
Zillow’s move to end listing gatekeeping and open up more housing options for ALL buyers
James’ time-tested advice to take NOW if you’re renovating or flipping a home
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find Investor-Friendly Lenders
Dave's BiggerPockets Profile
Henry's BiggerPockets Profile
James' BiggerPockets Profile
Kathy's BiggerPockets Profile
On The Market 310 - Mortgage Rates Fall Fast as Tariffs Trigger Mass Stock Selloff, Economy at Risk
Zillow is fighting back against a push to make real estate listings more exclusive
The nuclear option China could take in trade war with the US
Tariff Implications for the Construction Industry, Wells Fargo Report
Tariff Implications for the Construction Industry
Consumer Sentiment Tanks in April on Recession Fears
Grab Dave’s Newest Book, “Start with Strategy”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-312
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Large multifamily, for the most part, has been an “uninvestable” asset for the past few years. Tons of new inventory hitting the market, short-term loans coming due, rising expenses, and stagnant rent growth are just a few reasons investors have avoided this asset like the plague. Even veteran multifamily investor Brian Burke sold off a majority of his portfolio when prices were sky-high. Now, the oracle of multifamily has come back to share why he thinks we have two years until this reverses.
Brian believes there’s a strong “signal” that sellers are about to get real, buyers will have more control, and rent prices will grow again. Could this be the bottoming out of the multifamily real estate market, or are we still years away from any recovery?
What about small “sweet spot” multifamily rentals or single-family homes? Are they worth investing in right now? Brian shares exactly which assets have the most (and least) potential and the recession indicators to watch that could throw the real estate market out of whack.
In This Episode We Cover
The state of large multifamily in 2025: Is it finally time to get back in the game?
The “sweet spot” multifamily properties small investors should be buying now
Why 2027 could be the year that the multifamily market reverses
Is residential real estate (single-family rentals) still a worthwhile buy in this housing market?
The $1,000,000,000,000 problem that the multifamily market is facing
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find Investor-Friendly Lenders
Dave's BiggerPockets Profile
BiggerPockets Real Estate 1100 - The Ultimate Underrated Rental Property of 2025 (for Small Investors)
Brian's BiggerPockets Profile
Grab Brian’s Book, “The Hands-Off Investor”
Jump to topic:
(00:00) Intro
(00:33) What to Buy and What to Avoid
(04:13) Multifamily Sellers Must Wake Up
(08:30) Has Multifamily Bottomed Out?
(09:57) “Sweet Spot” Investments
(14:51) Will Rent Growth Return?
(20:28) An Opportunity for Single-Family Rentals?
(25:18) Is Now the Time to Buy?
(28:54) Recession Risks to Watch
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-311
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Last week’s tariff announcement from the Trump administration put the stock market in a freefall. Major indexes are now past correction territory and on their way to crash status. But one silver lining for real estate investors? Mortgage rates. Economic fear is pushing more investors to buy bonds, lowering yields and mortgage rates. How long will suppressed mortgage rates last, and could rates fall even more?
The Trump administration’s latest round of tariffs may be the most significant change in economic policy in 50 years. This affects not just Americans but the entire world, as President Trump purposefully pursues a “deglobalization” strategy. This could force us to form new allies, break ties with old ones, and see a shift to much less reliance on foreign trade partners.
What does that mean for real estate investors? Well, you could see certain costs go up—significantly. We’ll discuss exactly which costs will rise, and by how much, and what investors should do to protect themselves—not panic—in this highly volatile time.
In This Episode We Cover
Trump’s latest tariff announcement explained and the countries that will be hit hardest
Why Canada and Mexico were excluded from the new round of tariffs
How economic fear affects interest rates, and whether these low(er) rates will last
One MASSIVE risk that could hurt all Americans if it comes to fruition
What Dave is doing right now to protect (and grow) his portfolio during downturns
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find Investor-Friendly Lenders
Dave's BiggerPockets Profile
BiggerPockets Real Estate 1103 - April 2025 “Upside” Update: Making a BIG Change to My Portfolio (Cashing Out)
HousingWire: Trump’s ‘Liberation Day’ imposes dramatic global tariff regime
Invest During Any Market Cycle with “Recession-Proof Real Estate Investing”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-310
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Mortgage delinquencies are up…or are they? One chart that’s been circulating on social media would have you believe that a growing number of homeowners are on the brink of foreclosure, driving us toward another 2008-style collapse. Is the panic justified or unfounded? We’ll dig into the data in today’s episode!
A Freddie Mac chart has been doing the rounds recently, showing a massive jump in delinquencies, but what the data really reveals is a spike in another type of real estate delinquency—a trend that should come as no surprise, given how rising interest rates impact adjustable-rate loans. But what about residential real estate? Are regular homeowners now suddenly missing mortgage payments to 2008 levels?
There’s no denying that we’re entering a buyer’s market. While a 2008-style housing market crash is unlikely, inventory is growing, and home prices could decline another 2%-3%. Whether you’re a regular homebuyer or real estate investor, this means you have an unusual amount of negotiating leverage. We’ll share a strategy you can use to insulate yourself from a potential dip and capitalize on an eventual surge in home prices!
In This Episode We Cover
How mortgage delinquency rates impact the housing market overall
Why real estate is historically less volatile than stocks and other markets
The “canary in the coal mine” that could signal trouble for the housing industry
Why we’re seeing an (expected) surge in these mortgage delinquencies
Taking advantage of a buyer’s market and a potential “dip” in home prices
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find Investor-Friendly Lenders
Over 6 Million Americans Are Late on Their Mortgage Payments—Here’s What It Means for Investors
Dave's BiggerPockets Profile
Grab the Book, “Recession-Proof Real Estate Investing”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-309
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Home prices are falling fast in some prime real estate markets across the country while others remain stubbornly stuck. What’s the defining factor between a stable housing market and one where sellers are actively cutting prices? Housing inventory! This metric defined the 2020 - 2022 run-up in home prices, but the rubber band of demand is snapping back as buyer power grows, housing inventory rises, and investors get even better buying opportunities.
Remember when people said, “I’ll buy when prices drop”? Well, now might be the time.
ResiClub’s Lance Lambert joins us to provide a holistic view of housing inventory, prices, demand, and emerging opportunities. Lance walks through the most up-to-date data on where housing inventory is rising fast, where prices are quickly declining, and which markets are holding on as sellers remain in control.
We’ll also talk about why homebuilding costs are about to JUMP and the reason Warren Buffett sold his homebuilding stocks shortly after buying them. Will construction slow down, limiting new inventory and leading us back into ultra-low supply? If so, this could push home prices higher, creating a prime opportunity for real estate investors.
In This Episode We Cover
US real estate markets seeing the most and least new inventory, and where prices are falling
Is spiking inventory a worrying sign for the housing market, or are we merely normalizing?
What to look at in your housing market to forecast whether prices will rise or fall
Why are homebuilding costs about to JUMP, and could this lead to even more inventory problems?
The new housing trend: Older renters, but could this mean more demand for rentals?
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find an Investor-Friendly Agent in Your Area
Dave's BiggerPockets Profile
ResiClub: The cost breakdown for constructing a single-family home in 2024
ResiClub: Did Warren Buffett see this coming? Homebuilder margins face pressure in 2025
ResiClub: The vanishing young homebuyer: Median first-time homebuyer age jumps from 28 in 1991 to 38 in 2024
Inventory Is Key to a Stable Real Estate Market—Will It Recover?
Join Lance’s Newsletter
Grab Dave’s Book, “Real Estate by the Numbers”
Jump to topic:
(0:00) Intro
(1:27) Hottest and Coldest Markets
(8:00) Should We Be Worried?
(11:00) Where Prices Are Dropping
(14:54) What to Look For In YOUR Market
(17:39) Homebuilding Costs To JUMP
(21:48) Developer Profits Shrink
(24:11) Older Renters, Better for Investors
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-308
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Florida property taxes could drop to 0%. As the state struggles with some of the lowest affordability in the country, with home insurance almost doubling in five years and home prices increasing by more than 50% compared to pre-pandemic pricing, Floridian homeowners have seen their housing costs explode. So, what if they could save thousands of dollars a year by ditching property taxes?
If Florida makes it work, this could open up the floodgates for many other states to pass similar bills. But WILL it work? A significant amount of Florida’s tax revenue comes from property taxes, so will they be efficient enough to work with a tighter budget, or will infrastructure break down due to the massive loss in government funding?
And, if property taxes are eliminated, boosting affordability, could buyer demand surge as well? We ran the numbers, and the potential savings on housing costs are substantial. If Florida proves a successful 0% property tax test case, other states (including yours) could be next.
In This Episode We Cover
Florida’s new legislative push to abolish or reduce property taxes for homeowners
How much homeowners would save every month if their property taxes were eliminated
Can Florida afford to ban property taxes, and which services would be compromised if they did?
States that are most likely to eliminate property taxes if Florida succeeds
Serious side effects of eliminating property taxes and who pays the price
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find an Investor-Friendly Agent in Your Area
How You Can Legally Minimize Rental Property Taxes as Much as Possible
Dave's BiggerPockets Profile
Sources of State and Local Tax Collections
Know Your Numbers BEFORE You Buy with “Real Estate by the Numbers”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-307
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Buyers are finally funneling back to the housing market thanks to recently lower mortgage rates. But, we’ve still got a BIG housing problem to fix—undersupply. What’s President Trump’s plan to put more houses on the map? Freedom cities! By turning federal lands into high-tech hubs for workers, we may be able to solve our housing shortage. Is this possible, or are “freedom cities” just a far-off developer dream? We’re getting into this headline and all the others filling your newsfeed in today’s episode!
Home prices are about to PLUMMET…says one article for a select few property types. While much of this might be clickbait, James does think it’s time to scoop up some sweet property deals on second homes in hot vacation markets. With good value, economic weakness putting pressure on sellers, and long-term upside, this could be a solid move to make!
Want to pay even LESS to a real estate agent? That’s what everyone says, but it doesn’t seem like that’s what everyone wants as Redfin gets bought out by Rocket Companies. Is the low-cost real estate agent model finally about to bite the dust, or could Rocket turn things around, bringing buyers a whole new suite of low-cost services? Stick around; we’re sharing our thoughts!
In This Episode We Cover
Trump’s plan to trade federal lands for “freedom cities” that could increase housing inventory
Fed rate cut update: Should we still expect rate cuts sometime in 2025?
Great news for real estate agents and lenders as sales accelerate thanks to lower interest rates
One type of rental property that could be a killer deal in 2025 (in SOME markets)
The end (or beginning) of Redfin as Rocket Companies buys out the low-cost-agent brokerage
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find an Investor-Friendly Agent in Your Area
Dave's BiggerPockets Profile
Henry's BiggerPockets Profile
James' BiggerPockets Profile
Kathy's BiggerPockets Profile
On The Market 300 - Mortgage Rates Hit 2025 Low as Recession Fears Rise
What Is Trump's New Affordable Housing Plan for Federal Lands?
Existing-Home Sales Accelerated 4.2% in February
5 Types of Homes Expected To Plummet in Value by the End of 2025
What went wrong at Redfin?
Grab Dave’s Newest Book, “Start with Strategy”
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-306
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices - Show more
