·E21

A Supply-Starved Market and How Investors Are Already Taking Advantage

Jul 29, 2022

54 mins

Episode Description

Is some alleviation from inflated home prices headed our way? Over the past two years, sellers have taken the housing market for a ride, getting dozens of offers on every listed house. No matter the condition, area, or age of the property, buyers were filling open houses every weekend just to make an over-asking offer on what should be a reasonably priced house. Now, the tables are starting to turn, and as a result, sellers are getting desperate.

Interest rates are rising and buyers are backing out of the market by the dozen. Instead of twenty offers in a weekend, sellers are looking at two, and none of them are over asking price. This is good news for home buyers and great news for investors, as deals are becoming easier to come by while the housing market hysteria takes a breather.

We brought the entire On The Market panel in this week to see where they’re finding deals, how their own markets are fairing, and what investors should look for on the horizon as demand steadily starts to slow. We also go into the future of housing inventory and how another inventory crisis could be coming soon.

In This Episode We Cover

June housing market updates and why the housing market is starting to slow

Why fear-first sellers are dramatically lowering their asking prices simply to sell

Could we enter into another inventory crisis and why some investors think this dip is only temporary

Where to find deals in today’s market and why real estate agents may become a phenomenal deal source for you

How flippers and BRRRRers can prepare for housing prices to head back down

And So Much More!

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