Episode #289
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The housing market is changing. Some once-hot markets are showing signs of becoming buyer's markets, giving you a better opportunity to snag your next real estate deal. With days-on-market growing but underlying fundamentals looking strong, this could be one of the best times to buy houses in cities that have phenomenal long-term potential but haven't heated up again to become seller's markets.
Why not skip the competition and buy in great markets beginning to cool? Today, we share some of the best markets to buy in, with the biggest investment opportunities. Data scientist Austin Wolff is back to talk about the "coldest" markets that have the best buying potential and some affordable cities that still have below-average home prices but well above-average housing market metrics.
We're talking about why these buyer's markets are suddenly emerging, Dave's favorite "cold" market with serious potential, Kathy's famous money-making market seeing massive job growth, and what to look for when buying in these (temporarily) chilled housing markets.
00:00 Intro
02:15 Why Housing is “Thawing”
05:24 Signs Your Market is Slowing
11:00 Buyer’s Markets Emerge
15:19 New Buyer’s Markets
21:10 Dave's Favorite “Cold” Market
23:40 Do This Before Buying