718: BiggerNews: The State of Real Estate in 2023 and 3 Ways to Beat a Bear Market

BiggerPockets Real Estate Podcast

Most 2023 housing market predictions sound like this, “The sky is falling! Sell everything! Houses will be worth $1 next year! This is just like 2008!” Look at the track record of those who shill predictions like this. These are the same forecasters who have been predicting a crash will happen at some point over the last ten years. Now, with a whiff of fear in the air, mainstream real estate journalists will do anything they can to convince you we’re having a repeat of 2008. However, this is far from the truth.

But how could we forecast the 2023 housing market without data? And where there’s data, there’s Dave Meyer, VP of Data and Analytics at BiggerPockets and host of the On the Market podcast. Dave and his team have recently released “The 2023 State of Real Estate Investing Report,” which gives all the housing market data you need to invest successfully in 2023. In it, Dave shares how the 2022 housing market flipped once the Fed raised rates, how supply and demand have been affected, and what we can expect for 2023.

Dave will also go over the three investing strategies he feels are more appropriate for investing in 2023, including a completely passive way to invest, a cash flow and appreciation combo, and how buyers can take advantage of this market to get deals at a steep discount. While we can’t predict the future, we can give you our best insight into what you can do to build wealth in 2023. So turn off the mainstream fear forecasting and tune into real news designed to make you richer!

In This Episode We Cover:

Why 2023 is not a “normal” housing market and the details leading up to today’s state

The “levers” that affect home prices and why 2023 is NOT the same as 2008

Seller’s vs. buyer’s markets and where prices are most expected to dip

Homebuyer demand and how unaffordability has caused most buyers to sit on their hands

Mortgage rate increases and how the Fed is using high rates to combat inflation

The three strategies that work in today’s housing market and how to invest while others sit on the sidelines

2023 housing market predictions and when we could potentially see home prices bottom

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Books Mentioned in this Episode

Real Estate by the Numbers by J Scott and Dave Meyer

Real Estate Note Investing by Dave Van Horn

Connect with Dave:

Dave's BiggerPockets Profile

Dave's Instagram

“On the Market” Podcast

“On The Market” YouTube Channel

Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-718

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

Learn more about your ad choices. Visit megaphone.fm/adchoices