Housing Market Outlook and Investment Strategies for 2024 with Dave Meyer
In Episode 62 of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, welcomes Dave Meyer, Vice President of Data and Analytics at BiggerPockets, to share insights on the real estate market outlook for 2024.
BiggerPockets is a community of 2.5 million people dedicated to achieving financial freedom through real estate investing, offering tools to track macroeconomic trends and long-term rental data.
They take a close look at Dave's Year-End Report, which reviews the real estate market in 2023 and anticipates future trends. They explore the possibility of a recession and its potential effects on the housing market. The episode addresses the current market paradox where housing prices rise amidst recession fears. Dave clarifies this by explaining how affordability constraints are dampening demand.
Dave shares several investment strategies, including house hacking and investing in new construction. He also discusses policy changes that might influence investment decisions and suggests resources for keeping track of the housing market.
Don't miss this insightful episode for a deeper understanding of the real estate market's future trajectory!
Dave’s 2024 State of Real Estate Investing Report:
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