Housing Market Reverses Gains as Sentiment Reaches 70-Year Low

On The Market

BiggerPockets

Investing, Education, Business, News

4.8 • 859 Ratings

🗓️ 16 April 2026

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

This could have profound effects on the housing market, and if you work or invest in real estate, you need to know what's coming next. Energy shocks, high inflation, new job numbers, the worst consumer sentiment in 70 years…it’s all hitting us in a single week, and the housing market is already reacting. After months of affordability gains, mortgage rates jumped back to 6.4% in response to the oil price spike and, by proxy, high inflation readings. The Fed has already made the bulk of its rate cuts, so is there any room left for interest rates to go down? Home sales are already slowing, and consumers are feeling the worst about the economy in 70 years. This will impact the housing market, and it’s not good news for agents, brokers, lenders, or anyone involved in transactions. But for investors, we’re being given yet another opportunity to buy deals…and the discounts could be getting deeper. The window to act is widening even more. Here's how to position yourself before it closes. In This Episode We Cover New inflation rate readings and why the CPI rose close to 1% in just a month Mortgage rates are stuck: why they can’t fall much more, even with a new Fed chair Latest home sales data that shows how the housing market is already reacting Why more and more investors are getting pessimistic about the housing market Will home prices crash? Here’s what’s holding them stable right now What investors need to do to prepare themselves right now to get better deals And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE 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 On the Market 372 - New Recession Indicator Shows Americans Worse Off Than We Thought Dave's BiggerPockets Profile Grab the Book, Recession-Proof Real Estate Investing Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠https://www.biggerpockets.com/blog/on-the-market-417. 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

Transcript

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0:00.0	The war in Iran, AI displacement, a confusing labor market, declining consumer sentiment, and higher inflation.
0:09.0	All of that made the news in just the last week.
0:12.8	It's a lot, and it can be hard to keep up and understand how all of this news and information impacts your business and your portfolio. But you don't need
0:24.4	to be overwhelmed or worried when instead you can be informed and prepared because that is how you
0:31.9	navigate and even thrive during uncertain periods. And that's exactly what we're going to help you do here today on On the Market.
0:40.0	We're going to dig into the absolute avalanche of economic news and data that's come out in
0:46.2	recent days.
0:46.9	And we're going to distill it into what actually you should be paying attention to and what you
0:51.7	can ignore.
0:52.9	This is On the Market. Let's get into it.
1:00.5	Hey, everyone, it's Dave. Welcome to On the Market. Today on the show, we're going to be digging
1:05.6	into recent events and data that are genuinely shifting expectations for the entire economy and for the
1:13.2	housing market. And I'll just be honest, there's a lot happening recently. It can be tough to keep
1:19.7	up and try and piece together all this information that feels like it's coming from every
1:24.6	single angle, every part of the economy, every news that you hear kind of shifts
1:29.2	your brain about what you should be expecting for your business. And it can be confusing,
1:34.3	distilling that into actionable steps that you can actually do to help protect your business
1:40.2	during uncertainty and actually help it grow. But I think I can help. I think I can help
1:45.6	distill all the information that we've heard in the last couple weeks down into some
1:49.8	digestible takeaways, a couple predictions, and actions that you as investors or industry
1:56.0	professionals can take away. We got a lot to cover today, so we're going to just jump right into this thing.
2:02.3	So first up, we're going to start with the news that I think personally is the biggest news for the
	...

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