Podcast · Business

On The Market

by BiggerPockets · English · Business

Stay informed so you can invest with confidence. Join Dave Meyer, James Dainard, Kathy Fettke and Henry Washington for analysis of the news and economics driving today’s real estate market.

New episodes: Several times a week
Typical length: 34 min
Latest: 15 Oct 2026
Language: English

Latest episode

15 Oct 2026 · 38 minNew

A Housing Market “Recovery” Is Further Away Than We Thought

The housing market isn’t going back to “normal” anytime soon. In fact, it could take significantly longer than many of us thought. Rates are around 7.5%, median home prices hover near $400,000, but your salary is not keeping pace. Something needs to change: is it rates, prices, incomes, or a combination of all three? I did the math and have an answer for how long it will actually take for the housing market to recover. So first, what does a "normal" housing market actually mean? We’re going to look at two data sets: 1989-2026 and 2019 levels, the last year before pandemic-fueled inflation…

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Earlier episodes 29 most recent

E468 · 13 Oct 2026 · 26 minNew
Nearly Half of Buyers Get Concessions as Fed Warns Prices Must Drop
A Fed official says what we’re all thinking: home prices must drop—and sellers seem to have gotten the message. Per a recent Redfin report, 44.7% of home sales included seller concessions such as price cuts, rate buydowns, covering closing costs, or even renovations, repairs, and expensive layout changes. So, if you’re a buyer, how do you get the most from your seller on the next deal? We’re back with this week’s headlines! We’ve brought good news for buyers, scary news for sellers, and strange-smelling stories about multifamily investors. Seller desperation is peaking as concessions offer…
E467 · 8 Oct 2026 · 36 min
The American Economy Enters Its “Lost Decade”
America could enter what nobody wants—a “lost decade.” No huge gains, no massive price drops, just a slow, stagnating market where inflation eats away at the returns we once thought were normal. Stocks are already massively overpriced according to the CAPE Ratio and the Buffett Indicator, real estate is unaffordable and already seeing real price declines, and commercial has fallen off the proverbial cliff. Can we go up from here? The argument isn’t looking optimistic. So, if it’s about to be a whole lot harder to make a return on real estate, in the stock market, or anything else worth…
E466 · 6 Oct 2026 · 44 min
America Doesn’t Have a Housing “Shortage” (It’s Something Much Worse)
For years, we’ve been told that the United States is short millions of homes, and that building more units is the key to solving the affordable housing crisis. But a 2024 study from Kirk McClure and Alex Schwartz reaches a different conclusion and suggests that the housing shortage narrative may be built on a shakier foundation than we’ve been led to believe. Kirk, professor emeritus at the University of Kansas, joins today’s show to dig into the actual Census data gathered from 2000-2020 and whether it really points to a nationwide shortage…or something much different. If we don’t have a…
E465 · 1 Oct 2026 · 36 min
The Trillion-Dollar Bubble Grows Bigger
AI could lead to an extinction event, but don’t worry, the stock market will be hitting all-time highs on the way there! We’re entering a new phase of the artificial intelligence race where now CEOs from OpenAI and Anthropic are practically begging for industry-wide regulation. This all seems too… convenient. What’s really behind this new AI regulation push, and how close are we to a society-shaking event? Dave is back to give his full take on the AI race. A lot has happened recently—warnings of dangers to humanity, rogue agents setting up untraceable communications, and AI CEOs conveniently…
E464 · 29 Sep 2026 · 28 min
The Path to 8% Mortgage Rates
8% mortgage rates are now on the table, and unfortunately, that’s not even the high end of estimates for where we’re going next. With bond yields hitting 20-year peaks and no end in sight for rising inflation, we may be stuck here for a while. If you’re starting to sweat, don’t worry—we are, too. Thankfully, it’s not all bad news for the housing market, because those who pivot will profit. After a little too much anxiety, Dave called James and Kathy to get their read on mortgage rates—what does an investor do when refinancing is off the table, selling means cutting prices and concessions,…
E463 · 24 Sep 2026 · 36 min
The Housing Market Correction Is Spreading
The housing market correction is about to get worse. Before, the Northeast and Midwest markets were insulated from the sizable price drops happening in places like Texas and Florida, but not anymore. The correction is spreading, and the once “safe” markets are creeping closer and closer to price cuts, concessions, and desperate sellers becoming the norm. The question is: does this snowball into a full-blown housing crash, or is the housing market strong enough to keep us in “correction” territory? Dave is back, and this time, he’s going deep on what’s next for the housing market. Things are…
E462 · 22 Sep 2026 · 32 min
Rates Were Hiked: Here’s What Investors Should Do Now
The Federal Reserve hiked rates last week, but did it actually help the housing market? Our panel of real estate investing experts isn’t all that bummed by potentially higher rates and less housing market activity—why? Because new opportunities are forming thanks to the Fed’s recent rate hike—opportunities that could make deals even better to buy in 2026 and into 2027. We’re back discussing the biggest housing market headlines from last week. Obviously, we can’t talk about headlines without touching on the Fed meeting and subsequent rate hike. Ripples from that decision could start showing…
E461 · 17 Sep 2026 · 32 min
You’re Not Gonna Like What Happens to Mortgage Rates
The U.S. government may have just lost the war on mortgage rates. Last week, the U.S. Treasury announced one of its biggest bond buyback programs in years—a whopping $6 billion allocated to (hopefully) lower bond yields, and by proxy, interest rates. Not only did it backfire, but it may have angered the bond investors so much that the market’s recovery is now in jeopardy. Do we still have any hope of lowering bond yields and mortgage rates so the housing market can get back in business? Today, we’re breaking down the good, the bad, and the ugly buybacks of the bond market, how this will…
E460 · 15 Sep 2026 · 31 min
This Is Better Than the 1% Rule (New Real Estate Rule)
The rules of real estate investing have changed. For years, investors were using the one-percent rule to quickly determine if a real estate deal would cash flow. But the one-percent rule, rent-to-price ratio, and other common rules of thumb have a glaring blind spot. They account for purchase price, but they don’t account for expenses. Meanwhile, mortgage rates, taxes, and insurance have all risen across the board—expenses that can easily kill your cash flow. So, Dave’s come up with a new rule of thumb you can use to quickly analyze rental properties and markets. He’s calling it the…
E459 · 10 Sep 2026 · 38 min
We Asked Brokers: Where Is the Biggest Buyer's Market Today?
Are the price cuts deeper than you think? Do buyers have even more power than we’ve been led to believe? National housing data tells us one thing, but local-level expertise can paint a completely different picture. While national data points to marginal price cuts, brokers in major markets are seeing significantly more volatile numbers. We wanted to know what’s actually happening in big markets like Austin, Atlanta, Seattle, Tampa, Long Island, and beyond—so we called the actual brokers who do business there and got them on the show. Today, we’re talking with Justin Hroch, Micah Mortag, and…
E458 · 8 Sep 2026 · 28 min
Fewer Investors Are Buying Homes as the Housing Market Shifts (Again)
The housing market is sending mixed signals—or so it seems. Foreclosures are rising, yet many investors are pulling back. Cash buyers are retreating, competition is cooling in many markets, and affordability challenges appear to be catching up with investors. Are these signs of another 2008-like collapse, or is there context behind the numbers? This week’s headlines largely point to waning investor activity. Investor home purchases are down, and the share of cash buyers is decreasing. Meanwhile, foreclosures are returning to levels we haven’t seen in several years. But when you dig beneath…
E457 · 3 Sep 2026 · 28 min
AI-Fueled Mini Housing Bubbles Form as Commercial Delinquencies Rise
AI is bringing 6,000 jobs to a small Texan town, and home prices are seeing a sizable jump…but what happens once the job is done? Is this just a mini housing bubble waiting to happen, or is buying near an AI boomtown actually worth the risk? These scenarios may begin popping up more and more—what happens when it’s in your neck of the woods? We’re back with more headlines on what’s affecting the housing market. AI-induced housing bubbles could be coming in hot as small, overlooked areas of the U.S. turn to boomtowns with more jobs and more housing demand (at least temporarily). If you are…
E456 · 1 Sep 2026 · 50 min
The Bulletproof BRRRR in 2026 (Buying One Tomorrow!)
Today’s guest is buying a perfect BRRRR tomorrow. Even with today’s interest rates, even in this housing market, Zach Kepes is still making serious money with the strategy everyone has assumed is dead—the BRRRR method. He’ll walk away with tens of thousands in equity, get a trophy rental property that will bring in rent for decades, and add to his already impressive 300+ single-family home portfolio. He’s been BRRRRing for over 20 years, and he’s not stopping in 2026, especially when everyone else is. The question is…how is he still doing it? Zach is one of the only humans on the planet who…
E455 · 27 Aug 2026 · 43 min
Capital Calls: What to Know Before You Put In More Cash
You invested in a real estate syndication, fund, or partnership. Now, the operator is coming to you asking for more cash. Whether expenses went up, income went down, mortgage rates had to be refinanced, or a combination of all three, you’re on the line—do you put more cash into the deal with hopes it saves your principal, or do you walk away, take a loss, and try again? This is what we do when the capital calls come our way. A “capital call” is exactly what it sounds like—an operator is calling for more capital to be invested in a deal. But, more often than you’d think, you don’t have to say…
E454 · 25 Aug 2026 · 34 min
Home Builders Are Bleeding as Sales Run Dry, Workers Vanish
Builders are struggling to survive, let alone sell homes, in 2026. Prices aren’t keeping pace, home sales are falling, and nobody can find the labor to build the houses in the first place. With concessions rising, buyers who stayed in the market are getting great deals. With the potential to boomerang back to regional undersupplied housing markets, the deals may very well be worth it. It’s a new week, with new headlines that affect anyone buying, selling, or building wealth with real estate. First, we’ll touch on the 300,000 vacant lots for sale. With the price of dirt down far below where…
E453 · 20 Aug 2026 · 34 min
JPMorgan Makes a $750B Bet on the Housing Market
JPMorgan Chase, America’s largest bank, just made a big bet on housing—a $750B bet to be exact. At a time when most people hope home prices will fall, JPMorgan is gearing up to lend and invest in a huge way. Could this be a sign that those who buy now will be thanking themselves in the years to come? We’re getting into the details in today’s show. It’s another housing market update! First, we’re touching on whether or not the market has already peaked in 2026. We still have four full months left in the year, but with home sales falling in July, it could signal that the hot summer is starting…
E452 · 18 Aug 2026 · 27 min
Finding Discounted Real Estate Just Got Easier
This is a game changer for real estate investing. In minutes (or even seconds), you can find every motivated seller in your area, see how desperate they are to sell, and even find new markets with discounted real estate deals. This used to take hours, even days, before—now you can do it in minutes. We can’t really even believe that this is so easy. Today, Dave is walking through the new “Motivated Sellers Index,” a tool that helps real estate investors find motivated sellers and discounted real estate deals across the United States. It ranks motivation based on three factors: 1. Days on…
E451 · 13 Aug 2026 · 35 min
Signs That Your Rents Will Slow (or Grow) in 2026/2027
National rent prices are down year-over-year, but that’s not telling the whole story. Different properties in different markets are seeing an opposite reality. Some markets are seeing 3%-5% rent increases, while others are seeing that flipped negative. There are definitive reasons why some markets are growing while others are slowing and outright declining. Today, Dave is going to show you how to forecast rents in your own market, no matter where you invest. We’re getting into all the latest data: single-family vs. multifamily rents, real estate markets seeing the most (and least) growth,…
E450 · 11 Aug 2026 · 27 min
A Buyer’s Summer Is “On” as Asking Prices See Steepest Decline Since 2017
Most investors understand that real estate is local. While the national headlines usually tell one story, regional and local data often tell a very different one. This week’s headlines only reinforce this idea. On a national level, asking prices are declining at the fastest pace in nearly a decade, inviting many buyers to participate in the summer housing market despite ongoing affordability challenges. But at the local level, buyers and sellers are responding in very different ways depending on the market. Some real estate markets remain at a standstill, with muted demand and very little…
E449 · 6 Aug 2026 · 31 min
Vacation Rentals Are Officially on Sale: Where They’re Worth Buying
Vacation rental markets were some of the biggest winners of the housing boom several years ago. But where are those real estate markets today? New data suggests that many of the operators who chased cash flow in the Airbnb gold rush are now looking to cut their short-term rentals loose. As it turns out, running a profitable Airbnb is much harder than it looks. So, does that make this the perfect time to buy? Our resident short-term rental expert, Garrett Brown, joins the show to break down exactly what’s happening and why it could be worth making a few “disrespectful” offers on these types…
E448 · 4 Aug 2026 · 32 min
2026's "Discounted" Properties Aren't the Bargain They Look Like
If you’re investing in real estate, you’re probably asking, “How much can this property make me?” But in 2026, it’s the opposite question that actually builds your wealth: “How much can this property cost me?” You’re seeing discounted deals on the listing sites; realtors and brokers may even be sending you off-market listings that look like steals. How do you know whether you should pass on them or not? James and Kathy are on today to talk about which deals they’re passing on, and the underrated land play that’s making serious returns and requires no building to profit. Kathy almost closed…
E447 · 30 Jul 2026 · 35 min
Fannie Mae IPO Could Have Serious Side Effects on Mortgage Rates
Nearly 50% of mortgages in the U.S. flow through Fannie Mae or Freddie Mac—but a push from the Trump Administration could sell shares of these government enterprises and put them in the hands of the public. The side effects could be significant to those getting or refinancing a mortgage—from interest rates to regulations. Fannie Mae and Freddie Mac alone take up about half of the mortgage market. The reason you can get a 30-year loan, a lower interest rate, and do it all with standardized regulations is largely thanks to Fannie Mae and Freddie Mac. So, if these enterprises are sold on the…
E446 · 28 Jul 2026 · 32 min
New Construction Falls to 5-Year Low as Price Floor Nears
This isn’t a “good” housing market for anyone. Affordability remains a major barrier to homeownership. Sellers aren’t getting what they want for their homes. Now, builders are signaling that the current housing shortage could get even worse. It’s bad news for aspiring homeowners, but could it finally put a floor on this housing market correction? This week’s headlines highlight how affordability challenges are reaching every corner of the housing market—not just for buyers. A perfect storm of high interest rates, stagnant home prices, and rising material and labor costs is putting builders…
E445 · 23 Jul 2026 · 29 min
You Can Retire with Even Less (Only Using Real Estate)
The average American will not be able to retire. 50% are going into their golden years with less than $500,000—significantly short of what would even be considered a livable retirement amount. Social Security only has so long before payments begin to get cut, and retiring during a stock market crash, or even a correction, can put you at sizable risk of returning to work. But one asset can help you retire with less, reach retirement (or even early retirement) faster, and do so without putting your future freedom at risk—real estate. Today, Dave is going to prove why so many of his retirement…
E444 · 21 Jul 2026 · 28 min
Zillow: $1,000/Month Cash Flow Exists in These Markets
Zillow is seeing “signs of life” emerging in the housing market. Strong demand, days pending hitting pre-pandemic levels, and serious cash flow in specific markets. How long will this last, and what happens when new construction completions fall off a cliff in the near future? Will rents and home prices reverse, going from stable (and even falling) to rising as demand outpaces supply even more? Orphe Divounguy, Zillow Senior Economist, is back to share the most up-to-date housing market data. Orphe brings good news—sales are increasing, demand is surprisingly strong, and a recovery (albeit…
E443 · 16 Jul 2026 · 35 min
You Won’t Believe Why Mortgage Rates Are Going Up (Again)
You won’t believe why mortgage rates are going back up. It’s not because of the war, it’s not because of gas prices, and it’s not because of the Federal Reserve. Something nobody is talking about is playing a much bigger role in mortgage rates than most Americans think. It’s making big corporations richer while the average American continues to struggle to buy a home. What is the hidden factor nobody’s talking about? Today, Dave is getting into it, unpacking not only the real reason why mortgage rates are heading back toward 7%, but the loaded week of housing market news. First, we’ll touch…
E442 · 14 Jul 2026 · 30 min
2026 Housing Market Predictions: Seller Pain is Far From Over
The first half of the 2026 housing market is over, and now it’s time to answer the question everyone wants to know: What’s next? Will the market slow down even more and bring lower prices for patient buyers, or will a (surprisingly) resilient US economy finally give buyers what they’re looking for? We’re split. We’re disagreeing. And today, we’re giving our updated 2026 housing market predictions. A long, slow, painful housing market could be in store for some, while a “booming” environment could be coming for others—which one will it be for you? We’re breaking it down, based on your exact…
E441 · 9 Jul 2026 · 43 min
Workers Are Feeling the AI Squeeze: How It Could Define the Next Housing Cycle
Workers Are Feeling the AI Squeeze: How It Could Define the Next Housing CyclePodcast Description If you ask the average American, AI is taking over, as are the headlines warning that it’s coming for our jobs. Open LinkedIn, and you’ll see stories about chatbots replacing employees, hiring freezes, and departments being downsized. But when you dig into the actual data, it’s murky at best. So, what’s really happening, and how should real estate investors prepare? On one hand, unemployment remains relatively low, and layoffs aren’t surging across the U.S.—not yet at least. In fact, many…
E440 · 7 Jul 2026 · 43 min
Commercial Real Estate Is Quietly Setting Up for a Decade-Long Bull Run
We’ve officially reached the halfway point of 2026, and the housing market still feels…stuck. The economy is in limbo. Home prices haven’t tanked. And we aren’t seeing significant large multifamily distress...not yet at least. Is it just a matter of time before the other shoe finally drops, or is this market more resilient than we expected? Brian Burke is back to give his pulse check on the 2026 housing market. What has changed? Has anything changed? We’re breaking down some of the predictions we made earlier in the year, the biggest surprises from the last six months, and how we’re…

About On The Market

Stay informed so you can invest with confidence. Join Dave Meyer, James Dainard, Kathy Fettke and Henry Washington for analysis of the news and economics driving today’s real estate market.

On The Market is a English business podcast from BiggerPockets. Melo plays each episode straight from the publisher's own feed — no ads added, no account needed — and remembers where you stopped, in this browser only.

Publisher: BiggerPockets
Language: English
Category: Business
New episodes: Several times a week
Typical length: 34 min
Latest episode: 15 Oct 2026
Feed: RSS — paste into any podcast app
Apple Podcasts: podcasts.apple.com/podcast/id1615086704

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