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Were We Wrong About the Housing Market? (+ 2025 Predictions)

UNLIMITED

Were We Wrong About the Housing Market? (+ 2025 Predictions)

FromBiggerPockets Real Estate Podcast


UNLIMITED

Were We Wrong About the Housing Market? (+ 2025 Predictions)

FromBiggerPockets Real Estate Podcast

ratings:
Length:
44 minutes
Released:
Dec 27, 2024
Format:
Podcast episode

Description

It’s what you’ve all been waiting for—our 2025 housing market predictions! We’re sharing where we think home prices, interest rates, and real estate will be over the next year. But we’re not just talking about 2025. We’re also going BACK and reviewing our 2024 housing market forecast, painfully detailing each part we got wrong and congratulating whoever got their predictions right. But how did top real estate companies like Zillow perform on their forecasts? Don’t worry; we’re rating their predictions as well!
Last year, some of us thought home prices would decline year-over-year, while others were confident we’d still see rising prices. We also had surprisingly accurate mortgage rate predictions, so does that mean we could be right for 2025, too? Stick around to find out! Plus, we’re sharing where we think will become the country's best real estate investing markets and naming the cities we believe have the best potential for building wealth! 

In This Episode We Cover:
Updated 2025 housing market predictions and where home prices and mortgage rates could go
How we (and Zillow!) did on our 2024 housing market forecast (plus what we got WRONG!)
Real estate markets that have the most investment potential in 2025 
Why we’re all becoming bullish on lower mortgage rates, EVEN with persistent inflation 
Did we ever actually make it into recession territory in 2024? 
And So Much More!

Links from the Show
Join BiggerPockets for FREE
Let Us Know What You Thought of the Show!
Ask Your Question on the BiggerPockets Forums
BiggerPockets YouTube
Check Out "On the Market"
Grab James’ New Book “The House Flipping Framework”
Find Investor-Friendly Lenders
2024 Housing Market Predictions: Home Prices, Interest Rates, & Opportunities
Connect with Dave and Our Panel of Expert Guests:
Dave Meyer
Henry Washington
James Dainard
Kathy Fettke

(00:00) Intro
(04:10) Zillow's 2024 Predictions
(13:05) Home Prices
(16:06) Recession Risk
(17:56) Mortgage Rates
(18:56) Best Markets to Invest
(21:36) 2025 Home Price Predictions
(25:19) 2025 Mortgage Rate Predictions

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1062
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
Released:
Dec 27, 2024
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.