Interest rates are rising and a “housing market crash” type scenario becomes a little more likely as demand stalls. If you’ve been investing in real estate, now may seem a little bit like the top. So, if this is the top of the real estate market, why not wait for a crash? After all, wouldn’t lower home prices allow you to get a better return on your money? Unfortunately, it doesn’t pencil out so smoothly.
Dave Meyer (@thedatadeli), VP of Data and Analytics at BiggerPockets and host of the new podcast, “On The Market”, has done the math for you. Dave is an avid real estate investor, and will probably buy when home prices are high and when home prices drop. For Dave, consistency is key. But you’re not Dave, and you may be holding onto your seed money for your first rental property. So what do you do?
In this video, Dave details exactly how real estate investors and first-time homebuyers alike can calculate whether or not to wait for a housing market crash. If you like this type of content, you’ll love Dave’s new podcast, “On The Market” (links below!).
~~~~
Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Subscribe to The “On The Market” YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
~~~~
Listen to The “On The Market” Podcast:
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?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Try Out the BiggerPockets Rental Property Calculator:
https://www.biggerpockets.com/rental-property-calculator?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Check out Last Week’s Interest Rates Update:
https://youtu.be/LCr6qtphnhg
~~~~
Join BiggerPockets Pro for Up-to-Date Analytics and Articles:
https://www.biggerpockets.com/blog/membership-types?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
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 The Housing Market’s First Test of 2022
01:46 Buy Now or Wait for a Crash
04:36 Scenario 1: Buy Now
07:34 Scenario 2: Wait For a Real Estate Crash
09:12 Does it Even Matter?
09:39 3 Reasons to Still Invest
11:59 Test it For Yourself!
