Show notes
Zillow is seeing “signs of life” emerging in the housing market. Strong demand, days pending hitting pre-pandemic levels, and serious cash flow in specific markets. How long will this last, and what happens when new construction completions fall off a cliff in the near future? Will rents and home prices reverse, going from stable (and even falling) to rising as demand outpaces supply even more?Orphe Divounguy, Zillow Senior Economist, is back to share the most up-to-date housing market data. Orphe brings good news—sales are increasing, demand is surprisingly strong, and a recovery (albeit fragile) for the housing market is underway. Some markets are seeing a drastic increase in sales; others are seeing almost unbelievably strong cash flow (Orphe is talking $1,000/month), so which markets are which?Finally, how long will this last? We keep talking about buyers getting discounts off of list price or serious seller concessions, but are we months or years away from this ending? With multifamily supply about to see a serious dropoff, the demand for housing (and rentals) could get even higher. Orphe breaks it all down!In This Episode We CoverThe housing markets currently seeing strong cash flow even at list price (up to $1,000/month cash flow!)Markets with the most home sales and why they’re beating many other major metrosWhy rent and home prices could “firm” up once this happens in the housing marketNo escaping this housing supply shortage? The reason why flat/declining population won’t crash housingSellers: How to price your home to get the highest (and quickest) sale (do not overprice)And So Much More!Links from the ShowJoin the Future of Real Estate Investing with FundriseJoin BiggerPockets for FREEJoin us at the BiggerPockets Conference October 2-4 in Orlando. Buy ticketsSign Up for the Investor Brief NewsletterFind an Investor-Friendly Agent in Your AreaOn The Market 433 - New Data: U.S. Home Prices Are Hitting Their FloorDave's BiggerPockets ProfileLearn More from Orphe’s TeamGrab Dave’s Book, Real Estate by the NumbersCheck out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-444.Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].Learn more about your ad choices. Visit megaphone.fm/adchoices



