865: Debunking the Housing Market: Why 86% of Americans Are Wrong About Real Estate

Most Americans believe that buying a house is a BAD idea right now. With so much hate on the housing market from everyday people, why are expert investors buying more than ever? Do they know something that we don’t? Or is it just because they have more money and experience than the rookie real estate investor or first-time home buyer? Nope, it’s even more simple than that!

We rounded up four housing market experts who actively invest to get their takes on the 2024 housing market. David Greene, expert investor; Rob Abasolo, the king of short-term rentals; Dave Meyer, host of On the Market, and Henry Washington, house flipper and buy and hold investor, are here to give us their takes on whether buying a home could a be good, bad, or ugly decision this year. 

The experts also review top surveys that highlight consumer, home buyer, and investor sentiment, plus what they think the best move to make in 2024 is. Take it from four investors who have built considerable wealth through real estate; following the masses isn’t always your best bet. 

In This Episode We Cover:

Why most Americans think now is a BAD time to buy real estate 

Rock-bottom consumer sentiment, rising credit card debt, and more 2024 economic headwinds 

The split investor survey that shows why SO many investors are on the fence 

The effects of falling mortgage rates and whether or not now is a good time to sell 

Who should NOT be investing in real estate right now (or ever)

The 2024 investing moves that could make you rich in the long-run 

And So Much More!

Links from the Show

Find an Agent

Find a Lender

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

Expand Your Investing Knowledge With the BiggerPockets Books

Be a Guest on the BiggerPockets Podcast

Ask David Your Question

David's BiggerPockets Profile

David's Instagram

Rob's BiggerPockets Profile

Rob's Instagram

Rob's TikTok

Rob's Twitter

Rob's YouTube

Hear More from Dave and Henry on the “On the Market” Podcast

Is Buying a Bad Decision?

Real Estate Investing For Beginners: How To Get Started

Fannie Mae National Housing Survey

University of Michigan Consumer Sentiment

Fall 2023 RCN Investor Sentiment Survey

Connect with Dave:

Dave's BiggerPockets Profile

Dave's Instagram

Connect with Henry:

Henry's BiggerPockets Profile

Henry's Instagram

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-865

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