The housing market is not going to crash tomorrow. It’s also not going to boom soon. We’re not in 2008, and we’re also not in 2020. We’re in a strange gray area, a zone that most Americans have never experienced before.
We’re entering the “Great Stall.” And this could last for years.
All data points to a new kind of housing market forming. But why, and why now? Is there any chance of a housing crash or home price explosion like before? Yes, but Dave is going to break down the odds of each scenario, plus what to do in the most likely scenario, while home prices stagnate and mortgage rates stay relatively high.
If you want to take advantage of the “Great Stall,” so that when home prices do go back up you’ll profit, there are four things you need to do. We’ll break down each step so you can prepare and pounce on the investment property that makes your future self wealthy.
The “Great Stall” is here, and when it’s over, millions of Americans will wish they had bought.
In This Episode We Cover
Crash, boom, or plateau? The most likely scenario for home prices over the next few years
How to prepare for the “Great Stall” and take advantage of frozen home prices
The “upsides” you must look for that could explode your wealth when appreciation returns
Why you need to start going “risk-off” in your investing to protect your wealth
What will finally cause home prices to rebound and Americans to get back into the market
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1197
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