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Episode Description
U.S. home prices have officially turned negative. For many months, sellers have resisted adjusting to current market conditions—until now. This could bring short-term pain for flippers and sellers, but overall, it’s a step in the right direction for a housing market that desperately needs prices to soften before it can become unstuck.
We’re back with more headlines from last week, including new data that suggests foreclosures are quietly approaching pre-pandemic levels. Inflation remains high, and affordability continues to be an issue, but how close are we to seeing serious distress?
On the topic of affordability, home builders are no longer being held to the 2021 International Energy Conservation Code, meaning new construction homes could become available at an even more affordable price point in the future. Meanwhile, wages are up. Despite rent growth remaining relatively flat, renters have more breathing room, which is ultimately a good sign for the overall health of the housing market, as well as for investors who want more predictable rental income.
In This Episode We Cover
Sellers are finally backing down as national home prices turn negative
New investing opportunities from rising foreclosures and bank-owned homes
Why new construction could become even more affordable in the future
Home builders get a big break as energy-efficiency standards are rolled back
Why higher wages are a big win for investors, despite stagnant rent prices
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
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
BiggerPockets Real Estate 1210 – 2026 Home Price Predictions: The Correction Continues?
Weekly Housing Trends: U.S. Market Update (Week Ending April 18, 2026)
Auction.com: Q1 2026 foreclosure auction activity is nearing pre-pandemic levels
HUD, USDA Rescind Rule Tying New Homes to 2021 Energy Code
Renters gain more than $2,300 in breathing room as rent growth hits slowest pace since 2020
Grab Dave’s Book, Start with Strategy
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-422.
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