Episode #229
When will housing prices drop? Will real estate prices go down, or are we stuck with everworsening affordability as home prices continue to rise? What’s the solution to affordable housing, and why can’t investors just build smaller, more affordable homes? Our panel of expert investors gets asked these questions all day, so in this episode, we’re taking the above questions and some others from the BiggerPockets Forums and throwing them at our seasoned investors to get their takes.
First, we ask, “What would have to happen for home prices to drop?” Investor or firsttime homebuyer, you’ve probably asked yourself this question. We’ll give an indepth scenario of the exact supply and demand factors that could cause prices to finally fall. Next, how to create affordable housing and why investors might be the answer. With high home prices, is it better to buy and hold or flip houses in today’s market? Plus, the experts share exactly WHICH markets they see the most potential in today. Finally, you’ll get the pro flipper’s tips for comping properties in a market with barely any home sales.
Do you have a question to ask the experts? Post it in the BiggerPockets Forums, and we may answer it on a future show: https://www.biggerpockets.com/forums?...'>https://www.biggerpockets.com/forums?...
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Show notes at: https://link.chtbl.com/OTM'>https://link.chtbl.com/OTM
00:00 Intro
01:43 Could Home Prices Fall?
07:28 How to Create Affordable Housing
16:35 Best Time to Flip Houses?
22:09 Where We’d Invest Today
31:24 James’ Rules for Comping
33:35 Ask Your Question Here!