3 Underpriced Housing Markets with HUGE Potential
Find your next real estate deal with PropStream: http://propstream.com/BP
Some of the strongest housing markets are seeing severe price cuts. And while it may SEEM like these markets aren’t worth buying in as home prices continue to slump, their stable fundamentals could make this the buying opportunity of the decade. But with the slower fall/winter home buying season coming into play and mortgage rates still at risk of rising (again), is now the time to take advantage?
All three of these markets have seen population growth AND wage growth, some FAR more than other big cities across the US. This means all three markets SHOULD be primed for home prices to increase, BUT sellers are still dropping prices. This may be an opportunity hiding in plain sight for those willing to wait. For everyone else, sitting on the sidelines might not be such a bad idea…
Get the real estate data you need to do your next deal at http://propstream.com/BP
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Hear Dave on The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify: https://open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzY
Apple Podcasts: https://podcasts.apple.com/us/podcast/on-the-market/id1615086704
BiggerPockets: https://www.biggerpockets.com/podcasts/on-the-market?utm_source=owned_media
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Watch Dave on the “On The Market” YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
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Watch Another WednesDATA Video:
https://www.youtube.com/playlist?list=PLgSUZKLPRI9vHmKt2TaUkBMBxW_3QHCPh
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Data Used in This Video:
https://www.redfin.com/news/data-center/
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Connect with Dave on BiggerPockets:
https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
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00:00 Buy the Dip?
02:03 Today's Losers, Tomorrow's Winners
02:30 Median Sales Price
03:29 Population Growth
04:34 Wage Growth
06:06 Should You Still Buy?
07:26 Price Drops
07:58 Is This an Opportunity?
Видео 3 Underpriced Housing Markets with HUGE Potential канала BiggerPockets
Some of the strongest housing markets are seeing severe price cuts. And while it may SEEM like these markets aren’t worth buying in as home prices continue to slump, their stable fundamentals could make this the buying opportunity of the decade. But with the slower fall/winter home buying season coming into play and mortgage rates still at risk of rising (again), is now the time to take advantage?
All three of these markets have seen population growth AND wage growth, some FAR more than other big cities across the US. This means all three markets SHOULD be primed for home prices to increase, BUT sellers are still dropping prices. This may be an opportunity hiding in plain sight for those willing to wait. For everyone else, sitting on the sidelines might not be such a bad idea…
Get the real estate data you need to do your next deal at http://propstream.com/BP
~~~~
Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=owned_media
~~~~
Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
~~~~
Find Investor-Friendly Lenders:
http://biggerpockets.com/findlenders
~~~~
Hear Dave on The “On The Market” Podcast Wherever You Listen to Podcasts:
Spotify: https://open.spotify.com/show/2NlzZ9NtHtZ2uBuaDNoGzY
Apple Podcasts: https://podcasts.apple.com/us/podcast/on-the-market/id1615086704
BiggerPockets: https://www.biggerpockets.com/podcasts/on-the-market?utm_source=owned_media
~~~~
Watch Dave on the “On The Market” YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
~~~~
Watch Another WednesDATA Video:
https://www.youtube.com/playlist?list=PLgSUZKLPRI9vHmKt2TaUkBMBxW_3QHCPh
~~~~
Data Used in This Video:
https://www.redfin.com/news/data-center/
~~~~
Connect with Dave on BiggerPockets:
https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Follow Dave on Instagram:
@thedatadeli or https://www.instagram.com/thedatadeli/
00:00 Buy the Dip?
02:03 Today's Losers, Tomorrow's Winners
02:30 Median Sales Price
03:29 Population Growth
04:34 Wage Growth
06:06 Should You Still Buy?
07:26 Price Drops
07:58 Is This an Opportunity?
Видео 3 Underpriced Housing Markets with HUGE Potential канала BiggerPockets
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