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Could today’s weak housing markets become tomorrow’s winners? One particular real estate demand “cycle” says that it’s more than possible. Everyone has written off real estate markets where inventory has risen, prices have dropped (substantially), and migration has slowed. But what happens when the pendulum swings in the other direction, and these dead markets return to life?

ResiClub’s Lance Lambert joins us to get into all things supply, demand, and most importantly—inventory. According to Lance, we’re in the 25th percentile for weak housing markets, and one certain variable could increase our risk significantly, and it’s not getting much better. A “catalyst for risk” could push demand down even more, stunting already suffering housing markets. But there is hope. 

Domestic and international migration surged post-pandemic but has come to a standstill in the past few years. When this migration “cycle” restarts, certain states, especially those with the weakest housing markets right now, could benefit. And if mortgage rates lower again, breaking more of the “lock-in effect,” the market could change quickly. But which markets could “swing up” the fastest? 

In This Episode We Cover

A real “catalyst for risk” that could cause an even weaker housing market 

The states that could see the biggest boosts once domestic and international migration return 

Investors: This is a sign that you should make an aggressive offer on a property 

Good news for interest rates? A “considerable improvement” in this key metric 

Why inventory is stabilizing in the hardest hit housing markets 

And So Much More!

Links from the Show

Join the Future of Real Estate Investing with Fundrise

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Dave's BiggerPockets Profile

On the Market 413 - Real Estate Isn't as Safe From Inflation as You Think

ResiClub

Lance’s LinkedIn

Lance’s X 

Grab Dave’s Book, Real Estate by the Numbers

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