ilmscore | Redfin Report: Housing Market “Heating Up” Following 2024 Election

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Prediction
Topic
Status
The housing market is predicted to bottom out between November and February, pick up and peak in April-May, then slowly decline for the rest of the year.
"normally things bottom out between November and February then they start to pick up they peak in April and May and then they slowly go down again for the year"
Housing Market Seasonal Trends
Pending
Demand for housing is predicted to continue growing most in suburban areas, favoring larger units.
"to me this seems to indicate that that might continue because Suburban areas obviously have more space the average size per unit is bigger so that was notable I think you should pay attention to that"
Housing Demand (Suburban & Unit Size)
Pending
Housing demand is predicted to increase in relatively more affordable markets like the Midwest and Southeast.
"to me that means that it bodess well for demand in markets that are relatively more affordable so if you think about places maybe in the midwest or the southeast those might see more demand and people might move for those lower prices"
Housing Demand (Affordable Markets)
Pending
Housing demand is predicted to increase in affordable markets like the Midwest and Southeast, while high-priced markets like California are expected to continue facing headwinds.
"to me that means that it bodess well for demand in markets that are relatively more affordable so if you think about places maybe in the midwest or the southeast those might see more demand and people might move for those lower prices whereas high priced markets like in California may continue to see some headwinds"
Housing Demand
Pending
Institutional real estate investors (hedge funds, private equity groups) are predicted to re-enter the market after a period of slowdown.
"I think they're going to get back in personally"
Real Estate Investment
Pending
High-priced housing markets, such as California, are predicted to continue facing challenges (headwinds).
"whereas high priced markets like in California may continue to see some headwinds"
Housing Demand (High-Priced Markets)
Pending
Demand for rental units in natural disaster-prone areas is predicted not to see a significant drop.
"that rental units in these areas prone to Natural disasters may not see a big drop off in demand"
Rental Demand (Natural Disaster Prone Areas)
Pending
Institutional real estate investors (hedge funds, private equity) are predicted to resume significant buying in the market.
"I think they're going to get back in personally"
Institutional Real Estate Investors
Pending
Investors remaining in the small multifamily real estate market are predicted to find opportunities to negotiate and purchase properties below market value.
"that's an opportunity for the investors who do stay in the market because it means you can negotiate and potentially buy something for under market value"
Small Multifamily Real Estate Investing Opportunity
Pending