ilmscore | This Real Estate Market is Really…Weird | BiggerPockets Aftershow

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
Expectation of more real estate deals becoming available during the winter of 2024-2025.
"I'm kind of feeling pretty good heading into into the winter that there's going to be some deals to be found"
Real Estate Market Conditions
Pending
Real estate properties (flips) are anticipated to sit on the market for an additional 2-3 months longer than typical.
"we're expecting to pay the mortgage for two to three more months than normally anticipated because for factors we haven't quite all figured out yet things may sit longer"
Real Estate Holding Periods
Pending
Three out of four of their currently active real estate flips are expected to sell faster than their conservative estimates, leading to higher profits.
"three out of those four are going to sell shorter than we thought so that's going to make us more money than we anticipated"
Real Estate Flips Profitability
Pending
The holiday season (winter 2024-2025) will offer a good opportunity for buyers to acquire real estate deals with concessions due to reduced competition and motivated sellers, potentially before interest rates drop and demand rises.
"I think there's a great opportunity over the holidays right now to get really good deals because you know what if rates come down a little bit during the holidays or right after the holidays and then that increases demand and you were able to buy something from somebody who needed out during the holiday time frame"
Real Estate Buying Opportunity
Pending