We’ve got new data on the Spring housing market, and it’s…well, complicated.

The monthly data shows more of the same: a sluggish housing market with negative home price growth.

But zoom in, and the weekly data tells a different story. Pending sales and mortgage applications are ticking higher, and we’ve just crossed into what could be the strongest buyer’s market we’ve seen in years, with sellers outnumbering buyers in 38 of the 49 largest major metro areas. This can only mean two things: deals are getting better, and investors have more negotiating power than they’ve had in a while.

As for whether a Spring homebuying season is taking shape, it depends on who you ask. Tensions in the Middle East, surging inflation, and housing affordability challenges are keeping many would-be homebuyers in limbo.

But investors who have the means to buy, are actively looking in strong buyer’s markets, and are analyzing deals conservatively are seeing a new window of opportunity.

The question is, how long will that window stay open?

In This Episode We Cover

Why real estate deals are getting better, despite a sluggish housing market

What “positive” weekly data means for the potential of a Spring homebuying season

How tensions in the Middle East and rising inflation numbers could affect housing

How investors can take advantage as the U.S. flips to a strong buyer’s market

What happens to mortgage rates once new Fed chair Kevin Warsh is confirmed

And So Much More!

Links from the Show

Join the Future of Real Estate Investing with Fundrise

Join BiggerPockets for FREE

Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets

Sign Up for the On the Market Newsletter

Find an Investor-Friendly Agent in Your Area

On The Market 419 – The Fed’s High-Stakes Power Struggle Affects Much More Than Mortgage Rates

Dave's BiggerPockets Profile

Redfin Home Price Data

Housing Wire Pending Home Sales Data

Redfin Buyers vs. Sellers Data

Grab the Book, Recession-Proof Real Estate Investing

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