There’s one key housing market factor that leads to home price growth. It doesn’t have to do with interest rates, property taxes, or weather. This single metric is the strongest predictor of your home price rising, staying stagnant, or falling. If you know where this metric is peaking, you can follow a data-driven trail to housing markets that will soon have higher home prices and get in before the masses.

What’s the secret metric we’re talking about?

Well, it’s not so much of a secret. This metric is easy to find online and can help you pinpoint markets with the highest potential for price growth. So, if it’s so easy to find, why isn’t every real estate investor using it? Mainly because most investors don’t know how important this metric is.

But today, we’re showing you exactly how to track where home prices could rise, how to pinpoint the neighborhoods within your market that could experience high price growth, and why this easily available predictive metric may change as the economy shifts.

In This Episode We Cover

The number one way of predicting whether home prices will grow in an area

How this metric strongly influences migration and brings more demand to cities

Where to find this data for free and the easy way to predict home price growth

Trends to start watching now that could foretell which cities will rise (and shrink)

How to find the fast-growing (and stable) neighborhoods to invest in within your city

And So Much More!

Links from the Show

Join the Future of Real Estate Investing with Fundrise

Join BiggerPockets for FREE

Find an Investor-Friendly Agent in Your Area

Dave's BiggerPockets Profile

BiggerPockets Daily 1431 - 12 Cities You’ll Regret You Didn’t Invest In 10 Years From Now

Bureau of Labor Statistics

Austin's BiggerPockets Profile

Grab Dave’s Book, “Real Estate by the Numbers”

Jump to topic:

(00:00) #1 “Growth” Metric

(04:01) Could Remote Work Change This? 

(08:13) These Jobs Push Prices UP

(11:06) How to Predict Market Moves 

(15:45) Trends to Watch 

(19:15) Finding Growing Neighborhoods

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-297 

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