• 239: THE HUGE Downside of No-Income-Tax States and a Hidden Housing Market Threat

  • Aug 1 2024
  • Length: 43 mins
  • Podcast

239: THE HUGE Downside of No-Income-Tax States and a Hidden Housing Market Threat

Listen for free

View show details

  • Summary

  • Why is everyone ignoring this one severe housing market trend, what does a 2008 crash predictor think will happen in 2025, and why are homes starting to sit longer on the market, even with mortgage rates starting to fall? Are all the headlines pointing to housing market havoc or a return to normalization where homes aren’t flying off the market like they were just a few years ago? We’re getting into it all in this headlines episode as we touch on four of the top housing market stories from this week and give our opinions on whether they’re hype or not. First, a market-shifting trend has substantial side effects on the housing market. We’ve talked about this before, but many homebuyers are overlooking it. This trend could push people out of once-popular housing markets and into underrated areas that boast far more future-proofed benefits. What’s the trend we’re talking about? Tune in to find out! We’re also discussing the increase in average days on market (DOM), why homes are sitting for longer, and whether this is something to be concerned about. Think moving to Washington, Texas, or Florida will save you money due to no income taxes? Think again because there are some serious downsides to no-income-tax states most investors don’t think about. Finally, we’re analyzing a 2008 crash predictor’s 2025 forecast—could he be right again? In This Episode We Cover The one housing market trend hiding in plain sight that could become a considerable issue soon A 2008 crash predictor’s take on the 2025 housing market and whether home prices will decline Why so many people are reversing on the “great reshuffling” and moving away from sunny states A sizable bump in homes sitting on the market and why it’s taking longer to sell The serious downsides of buying/investing in a no-income-tax state And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area See Henry, James, and Kathy at BPCON2024 in Cancun! Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile BiggerPockets Real Estate 895 - BiggerNews: How Climate is Exploding Insurance, Building, and Investing Costs A market-shifting real-estate trend is hiding in plain sight Nearly Two-Thirds of Home Listings Have Been Sitting on the Market Longer Than a Month As Buyers Grapple With High Costs U.S. States With No Income Tax Aren’t as Affordable as You Might Think Housing analyst who predicted the 2008 home price crash weighs in on the current market Grab Henry’s New Book, “Real Estate Deal Maker” Jump to topic: (00:00) Intro (02:01) A Market-Shifting Trend (08:40) Average Days on Market Expand (18:12) Downsides of No Income Tax (27:53) 2008 Predictor’s New Forecast Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-239 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Show more Show less
activate_primeday_promo_in_buybox_DT
Economics Personal Finance Politics & Government
Show more Show less

What listeners say about 239: THE HUGE Downside of No-Income-Tax States and a Hidden Housing Market Threat

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available