604: BiggerNews May: What the Media Isn't Telling You About a “Housing Crash” 01:07:05

    <p><strong>It’s a </strong><a href="https://www.biggerpockets.com/blog/housing-market-trauma-and-real-estate-investing"><strong>housing market crash</strong></a><strong>! It’s a housing market bubble!</strong> It’s a relatively normal and stable housing market! Two of these statements might make you excited, anxious, or hopeful, while one simply makes you yawn. For years, we’ve heard numerous <strong>news outlets, forecasters,</strong> and <strong>housing authorities tell us that the next housing crash is right around the corner</strong>, only for <a href="https://www.biggerpockets.com/blog/home-prices-market-peak-2021">home prices</a> to skyrocket, interest rates to rise, and demand to stay red-hot.</p><p>If you want to know if a housing market crash is coming, <strong>Rick Sharga,</strong> Executive Vice President at ATTOM, a leading provider of nationwide property data, is the person to talk to. His entire job is based on <strong>finding and figuring out the data behind housing market movements</strong>, which he then presents to field leaders who are trying to make better buying, selling, and lending decisions.</p><p>Rick is an industry vet and was around during the <strong>mid-2000s housing market crash</strong>, the great recession, the <a href="https://www.biggerpockets.com/blog/foreclosure-crisis">foreclosure crisis</a>, and everything that followed. Rick has seen the runup in housing prices over the past two years and <strong>has some interesting theories as to where we’re headed next</strong>. Whether you think we’re in for smooth sailing or on the cusp of another crash, Rick’s predictions may surprise you. </p><p><strong>In This Episode We Cover:</strong></p><p><strong>Why competition has recently fallen</strong> and whether or not this is permanent for the housing market </p><p>The difference between<strong> 2022’s housing market</strong> and <strong>the 2007/2008 housing market</strong></p><p>Whether or not <a href="https://www.biggerpockets.com/blog/fed-hike-2022"><strong>raising interest rates</strong></a> has affected hot housing markets</p><p>If we’re entering bubble territory and <strong>how to tell the real estate market is going south</strong></p><p>Which<strong> real estate markets are primed for a correction in 2023</strong> (and beyond)</p><p>How to get ahead of the <a href="https://www.biggerpockets.com/blog/buying-house-auction">foreclosure auctions</a> in a “high equity” housing market </p><p>And <strong>So</strong> Much More!</p><p><strong>Links from the show</strong></p><p><a href="https://www.attomdata.com/">ATTOM Data Solutions</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none%20">On The Market Podcast</a></p><p><a href="https://www.redfin.com/news/real-estate-bidding-wars-march-2022/">Redfin</a></p><p><a href="https://www.zillow.com/research/modest-densification-zhar-30934/">Zillow</a></p><p><a href="https://www.fanniemae.com/research-and-insights/forecast/inflation-rate-signals-tighter-monetary-policy-and-threatens-soft-landing">Fannie Mae</a> </p><p><a href="https://www.wsj.com/">Wallstreet Journal</a></p><p><a href="https://wealthtrack.com/">Weatlh Track</a></p><p><a href="https://fha.gov/">Federal Housing Administration (FHA)</a></p><p><a href="https://www.blackstone.com/">Blackstone</a></p><p><a href="https://www.realtytrac.com/">RealtyTrac</a></p><p><a href="https://www.youtube.com/">Youtube</a></p><p><a href="https://www.tiktok.com/en/">Tiktok</a>  </p><p><a href="https://www.instagram.com/accounts/login/?next=/thedatadeli/">Dave Meyer's Instagram @thedatadeli</a></p><p><a href="https://www.youtube.com/channel/UCVWDbXqQ8cupuVpotWNt2eg">BiggerPockets Youtube</a></p><p><a href="https://www.instagram.com/accounts/login/?next=/davidgreene24/">David Greene's Instagram @davidgreene24</a></p><p><a href="https://www.youtube.com/c/DavidGreeneRealEstate">David Greene Real Estate (Youtube)</a></p><p><a href="https://www.linkedin.com/in/ricksharga/%20">Rick's LinkedIn</a></p><p><a href="https://twitter.com/ricksharga">Rick's Twitter @ricksharga</a></p><p>Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-603</p><p><br></p>
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