About this episode
Thought we were done with mortgage rate hikes ? Not so fast. The Fed always has time to get mad about something else and push interest rates even higher. This time, a surprise job report makes the Fed furious and could lead to a much more difficult housing market for investors and homebuyers. But this news isn’t all we’ve got on this episode. We’re touching on some of the biggest stories across the housing market, summing them up, and sharing them with you so you can bob and weave with the ever-changing economy. Want to invest in real estate with just a thousand bucks? If so, you’re NOT in luck because one prominent real estate crowdfunding platform has just gone bankrupt . But don’t worry; it’s not all doom and gloom. The new jobs report is painting a stellar economic picture but could lead to you having a more expensive loan. And for those that own short-term rentals, one housing market forecaster is predicting a mass sell-off due to Airbnb host income declining . Finally, we’ll talk about home prices , whether they’re actually falling or not, and how home buyers are STILL bidding even during some of the lowest affordability we’ve ever seen. Keep your pulse on the property market; tune into this week’s real estate roundup! In This Episode We Cover Short-term rental stagnation and why hosts are seeing income dwindle Whether or not a massive vacation home sell-off could come to the housing market Mortgage rate hikes , new job numbers, and why the Fed is furious again PeerStreet’s recent bankruptcy and what this means for crowdfunding investors The half-truth of home prices “falling” and why some markets are still seeing bidding wars And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram James' BiggerPockets Profile James' Instagram Henry's BiggerPockets Profile Henry's Instagram Federal Student Loan Forgiveness Update: What Happens Now? Airbnb Income Home Prices PeerStreet Goes Bankrupt Rate Hikes and Jobs Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-124 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices