Housing "Starts" Begin Declining
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Oct 19, 2024•17 min•Ep. 1469
BiggerPockets Daily
The real estate industry changes daily, but you don’t need hours of research to stay ahead of the curve. In just fifteen minutes every morning, BiggerPockets Daily gives you the key insights, news, and strategies you need to stay informed and invest smarter. From mortgage rate updates to breaking news stories, changing housing laws, and more, BiggerPockets Daily delivers what you need to know.
Episodes
A Look at How Much Evictions Really Cost You as a Landlord
We know evictions can be costly for both landlords and tenants (both financially and sometimes emotionally). But did you know that it can actually hurt landlords just as much? Landlords go through the costly process of evicting, and tenants go through the costly process of losing the place they called home. Here's what the costs look like when broken down. Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 18, 2024•12 min•Ep. 1468
Is Jerome Powell the GOAT?
Fed Chairman Jerome Powell has been praised for his efforts to keep the economy from dipping into a recession, therefore accomplishing the long-awaited "soft landing." But does Powell rank among the best of all time? Here's why that's not the case. Read the Bloomberg article here: https://www.bloomberg.com/opinion/articles/2024-10-15/jerome-powell-is-not-the-greatest-fed-chair-ever Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the ...
Oct 17, 2024•17 min•Ep. 1467
What Groceries and Chicken Sandwiches Can Tell You About a Housing Market
Whole Foods and Chick-fil-A spend millions of dollars each year looking for the best locations for their stores. Data suggests that housing prices tend to appreciate where these stores are located, so is it worth following their lead? Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 16, 2024•15 min•Ep. 1466
California's Prop 33 Could Change the Calculus of Investing in the State
Proposition 33 is on California's ballot this election. The vote is for whether local governments should have the power to make rent control laws. Currently, the state has the sole authority, but Prop 33 could soon change that. Here's what you need to know about what could happen if it's passed. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn m...
Oct 15, 2024•14 min•Ep. 1465
5 Ways Real Estate Investors Influence Housing Market Health
People have much to say about real estate investors, but not all of it is positive. While we can understand where some of the complaints come from, such as those about institutional investors, real estate investors play an integral role in the modern housing market. There may be valid criticisms out there, but by and large, investors—especially individual investors—play a significant role in maintaining the health and viability of real estate at large. The truth is that real estate investment be...
Oct 14, 2024•12 min•Ep. 1464
Investors Fraudulently Take An Extra $4M From Fannie and JLL Deal
DOJ investigators discovered a multiyear scheme regarding fraudulent loans that led to an $18 million loss for JLL. Here's the full story and the implications it might have. Keep reading the article here: https://www.biggerpockets.com/blog/fraudelent-scheme-leaves-jll-with-a-18-million-dollar-loss Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn...
Oct 13, 2024•11 min•Ep. 1463
Rentals Cool—Here's Where Concessions Are Picking Up
Rental prices cooled, leading to an increase in concessions offered by landlords, according to data from a couple of months ago. What does this say about the real estate market? And does the increase being driven mostly by corporate landlords matter to the small investor? Keep reading the article here: https://www.biggerpockets.com/blog/rental-market-report-july-2024 Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets c...
Oct 12, 2024•13 min•Ep. 1462
Spiking Mortgage Rates Threaten Housing "Recovery"
After declining in anticipation of the Federal Reserve's rate cut, mortgage rates have ticked back up all over again, now around 6.5%. It threatens to put a seal on the latest signs of renewed housing activity, and we have the data to prove that. In today's show, we'll talk about what the data is saying and what to expect in the coming months. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate ...
Oct 11, 2024•18 min•Ep. 1461
New Survey Suggests People Are Rethinking Where They Live
A new Redfin survey shows that after the latest hurricanes, people are beginning to take a second look at where they live. Will this change the housing markets we consider hot? Or is this just post-hurricane fear? Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 10, 2024•15 min•Ep. 1460
Does the President Have An Impact on Housing? What 30 Years of Data Says
We're less than one month from the highly anticipated presidential election, and both candidates have sounded off on housing. But does history suggest executive policies make a difference? Keep reading the article here: https://www.biggerpockets.com/blog/can-the-president-have-an-impact-on-the-housing-market Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpocket...
Oct 09, 2024•21 min•Ep. 1459
It’s Never Too Early (or Late) to Build a Team of Deal Finders. Here’s How
Heard of driving for dollars? Wondering if it’s worth pursuing? We say yes! But don’t do it all yourself. Instead, build a high-quality team of motivated, dedicated deal finders. You’ll enhance your property sourcing and potentially gain access to leads you won’t find elsewhere. Where do you find deal finders? It’s easy: They’re already all around your neighborhood.In this episode, we’ll discuss the benefits and methodologies of recruiting local drivers and scouts to uncover high-potential real ...
Oct 08, 2024•16 min•Ep. 1458
Inventory is Starting to Shift—Here's What to Expect In 2025
Inventory levels are a measurement of supply, and we're starting to see some real upward movement in markets across the country. In today's show, we're going to talk about the latest trends and what the projections are through 2026. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 07, 2024•13 min•Ep. 1457
How Investors Can Capitalize On “Resolutions of Unacceptable Conditions”
Property inspections are essential to figure out what’s wrong with a property before you buy it. But they’re also a critical negotiating tool. Don’t skip them or neglect their importance. They can often be worth thousands or even tens of thousands of dollars. Keep reading the article here: https://www.biggerpockets.com/blog/dealing-with-resolutions-of-unacceptable-conditions Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerP...
Oct 06, 2024•18 min•Ep. 1456
This Year's Fall Market Could Be Hotter Than It's Been—Here's Why
It might be autumn, but housing could be getting hotter and hotter now that mortgage rates are starting to decline. What should you expect in the coming months? Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 05, 2024•14 min•Ep. 1455
In the Wake of Hurricane Helene, Will Property Insurance Change Even More?
Hurricane Helene just ravaged Western North Carolina and some coastal communities in Florida. It's an example of why property insurance providers are raising prices or pulling out of states entirely. However, where else are rates subject to change, and how should we expect property insurance to change going into next year? Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://w...
Oct 04, 2024•16 min•Ep. 1454
Breaking Up With Your Property Manager: How and When to Make the Switch
Property management is one of the major keys to success in real estate investing, but oftentimes, it requires an investor to outsource the work to a professional property manager. In today's show, we go over when and how you should let go of a PM who's just not cutting it. Keep reading the article here: https://www.biggerpockets.com/blog/how-to-deal-with-a-bad-property-management-company Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member o...
Oct 03, 2024•14 min•Ep. 1453
Has Anything Actually Changed Since the Fed's Rate Cut
The Fed cut rates, but did anything actually change? Well, surprisingly, mortgage rates actually went up along with bond yields. In this show, we go over what's actually changed and what to expect in the future. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Oct 02, 2024•16 min•Ep. 1452
A Game Changing Asset in California Opened Up a Major Investing Window
California's AB 1033 was passed late last year, but San Jose was the first city to fully adopt the measure in July. It's a game changer in the California housing market and has opened up a major investing window for investors and homeowners alike over the next few years. That's what we'll discuss today. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com...
Oct 01, 2024•14 min•Ep. 1451
Why Some People Distrust Investors (and Why It's Become an Issue)
Investors get a lot of flak sometimes, and there are a few reasons cited for why. Are they based in reality? Or is it a frustrated overreaction? In this episode, we discuss the key complaints people have about investors and why those might be outright wrong or if there's a point to it. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about ...
Sep 30, 2024•18 min•Ep. 1450
Weekend Edition: How Building Codes Have Fueled Create Gigantic Housing Supply Gaps
The affordable housing crisis in the U.S. is getting worse, according to a new report from the Joint Center for Housing Studies of Harvard University. While many factors are to blame for the increase in cost-burdened homeowners and renters, experts agree that constrained supply is keeping housing costs elevated. Many point to the strict zoning ordinances in most cities as the primary barrier to new housing construction. The YIMBY (“Yes In My Backyard”) movement, which has support from both sides...
Sep 29, 2024•18 min•Ep. 1449
Weekend Edition: What You Need to Know About Treehouses, Tiny Homes, and Unique Rentals
If there were any question about the current popularity of “unique” short-term rentals, the fact that Airbnb has links to listings of “tree houses,” “tiny homes,” and “omg!” right in its top nav should answer it. One-of-a-kind, unusual rentals are having a moment—but they come with their own set of considerations. Here’s what to keep in mind before converting your backyard ADU into a pirate ship. Keep reading the article here: https://www.biggerpockets.com/blog/using-treehouses-houseboats-and-ti...
Sep 28, 2024•7 min•Ep. 1448
Markets Where Home Prices Are Expected to Grow Based on Key Metrics
Home prices have been pretty stable over the last year, but as the housing market begins to shift again, things could start to change. We pulled data from various sources and zeroed in on the metrics most capable of predicting home prices. In this episode, we'll give you the results, as well as extra information and tips for your own research. Keep reading the article here: https://www.biggerpockets.com/blog/cities-with-income-growth-show-where-prices-are-expected-to-rise Subscribe to the Bigger...
Sep 27, 2024•13 min•Ep. 1444
New Survey of Investors Shows High Expectations For Next Year?
Baselane's 2024 Investor Survey paints a clear picture: investors expect to have a better 2025 than 2024, and especially better than 2023. In this episode, we'll go over the highlights of the survey and get a sense of what's really happening in the housing market through the lens of investors. Keep reading the article here: https://www.biggerpockets.com/blog/baselane-real-estate-investor-survey-2024 Subscribe to the BiggerPockets Channel for the best real estate investing education online! Becom...
Sep 26, 2024•15 min•Ep. 1443
The Worst Places to Invest Based on Insurance Claims Data
Home insurance rates are skyrocketing across the U.S., with some areas increasing over 20% since last year. According to data from the National Real Estate Insurance Group, these states and cities are the worst places to invest in, based on claims. Keep reading the article here: https://www.biggerpockets.com/blog/the-best-and-worst-places-to-invest-based-on-home-insurance-costs Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the Bigg...
Sep 25, 2024•18 min•Ep. 1442
1441 - Lawmakers Introduce New Bill to Create Public Housing
The Homes Act of 2024, proposed in Congress, sets out to create permanent affordable housing for low and very low-income households. In today's show, we talk about the bill, the issue it's trying to solve, and the cost it would have if passed. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoic...
Sep 24, 2024•14 min
1440 - The Fed Cuts Rates by 0.50% - How Will It Impact Housing?
In this episode we're diving into into the recent interest rate cut by the Federal Reserve (FED) and its significant implications for the real estate market. We'll analyzes the Fed's previous approach to inflation and discuss how the current economic climate is influencing housing trends. Will the housing market recover?, What are the effects of declining mortgage rates? Tune in to stay informed on how FED decisions impact your real estate investments! Keep reading the article here: https://www....
Sep 23, 2024•15 min•Ep. 1440
1439 - Half of America’s Homes Are Equity-Rich—And These States Have the Most by Jeff Vasishta
According to real estate data company ATTOM‘s second-quarter 2024 U.S. Home Equity & Underwater Report, American homeowners are sitting on a pile of home equity. 49.2% of mortgaged residential properties in the U.S. were considered equity-rich in the second quarter of 2024 after years of sitting on the refinancing sidelines amid high interest rates. ATTOM’s definition of equity-rich means the combined estimated amount of loan balances secured by the property was no more than half of their estima...
Sep 22, 2024•15 min•Ep. 1439
1438 - My Tenant Was Airbnbing Their Apartment Without Me Knowing. It Happens More Than You Think by Jeff Vasishta
Downsizing after a divorce was painful but financially smart. I decided to house hack, opening my Victorian Brooklyn brownstone to Airbnb guests and hoping to bring life to my cash-starved bank account and a spark to my stately home. Well, I got more sparks than I bargained for. Keep reading the article here: https://www.biggerpockets.com/blog/my-tenants-were-airbnbing-my-apartment-without-me-knowing Subscribe to the BiggerPockets Channel for the best real estate investing education online! Beco...
Sep 21, 2024•12 min•Ep. 1438
1437 - Is a Major Construction Boom Coming In 2025?
The federal funds rate was just cut by 0.50%. Now, some, including Fed Chair Jerome Powell himself, have suggested that by the end of this cut cycle, rates could fall to as low as 3% by 2026. If that happens, it could set the stage for a national construction boom. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visi...
Sep 20, 2024•18 min