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BiggerPockets Real Estate Podcast

98% of Housing Markets “Weaker” Than Last Year: Good News for Investors?

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 22 May 2025

⏱️ 19 minutes

🧾️ Download transcript

Summary

49 of the nation’s 50 largest metro area housing markets are showing “weaker” home price growth in 2025. For some, this signals a long-predicted crash/correction on the horizon. But for others (like Dave), it’s something very different, and could be a huge help for the aspiring real estate investor.  For years, we’ve been struggling with a dangerous combination of high rates, high home prices, and low affordability. If top markets are starting to weaken and prices are softening, could this actually be a good sign for investors and buyers waiting on the sidelines? If mortgage rates come down and wages continue to grow, are we inching closer to equilibrium and the more affordable housing market we’ve all been waiting for? In this bonus episode, Dave is explaining why housing market “weakness” is a sign of long-term strength and a huge opportunity for investors willing to make moves. Don’t believe him? Dave shares a personal bet he’s making on the housing market—with a lot of money on the line—that could turn out to be a genius move in the years ahead. What’s his plan? Stick around, we’re getting into it! In This Episode We Cover Why 98% of major housing markets are seeing “weaker” home price growth in 2025 Why price softness does NOT signal a crash or correction Good news for first-time homebuyers: purchasing could become more affordable The three factors of an affordable housing market (and are we shifting to better affordability?) Dave’s recent rental property move to capitalize on this window of opportunity  And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1124⁠-5 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

49 of the country's 50 largest housing markets are showing weaker year-over-year price growth.

0:07.2

Is this time to worry or is it an opportunity?

0:11.0

Let's take a look.

0:16.5

Hey, everyone, it's Dave, and I got a bonus episode for you today.

0:20.4

We're going to be publishing a couple of these quick sort of reaction style shows only on the audio podcast feed.

0:26.4

So make sure that you're subscribed so you catch all of our newest content.

0:30.6

Today, I wanted to share my reaction and open a conversation in the Bigger Pockets community about a pretty important topic,

0:39.2

the widespread softening of the housing market.

0:43.0

And when I say softening, I mean slowing, weakening, whatever.

0:47.6

I am purposely not using the word correction or the word crash,

0:52.0

because first and foremost, a crash is not happening in any big

0:55.8

sense. In fact, prices are still up year over year nationally and in a lot of markets. And although

1:02.0

some markets are correcting and have actually turned negative price-wise, many are still positive.

1:08.4

But the characteristic that is present in almost all markets, right,

1:14.1

as I said, 49 out of 50 are experiencing this is what I would call softening. And for some markets,

1:21.5

softening does actually mean that prices have turned negative. But for other markets,

1:26.2

softening just means that prices are growing up

1:29.3

slower this year than they were at the same time last year. And the reason I'm talking about this

1:35.8

and the thing that I'm actually reacting to in this audio bonus is a recent report from Rezi

1:41.5

Club. They're a great data provider. They basically showed that in March

1:45.4

of 2024, so a year ago, data-wise, I know we're in May when I'm recording this, but data

1:51.2

lags a month or two. So March of 2024, out of those 50 biggest housing markets in the

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