Will a Buyers Market Return to Housing Market in 2024

In this episode, we discuss the possibility of a buyer's market returning to the housing market in 2024. We explore the recent rate cuts by the Bank of Canada and the European Central Bank and their potential impacts on the U.S. market. We also delve into key economic indicators, including the JOLTS report, ADP report, and upcoming BLS report, to understand their implications for interest rates and the housing market. Additionally, we talk about the trends in active inventory and days on market, providing insights for real estate investors. Finally, we highlight the opportunities available in the current market and the benefits of joining the One Rental at a Time school community. [0:00] Introduction and Overview - Welcoming listeners and setting the stage for the discussion on rate cuts and their impact. [1:00] Recent Rate Cuts - Analysis of rate cuts by the Bank of Canada and the European Central Bank and their implications for future U.S. rate cuts. [2:32] Market Expectations - Discussion on market expectations for rate cuts in the U.S. based on current economic data. [4:13] Citigroup's Bearish Outlook - Citigroup's prediction of significant rate cuts and their reasoning behind this outlook. [6:14] Importance of the BLS Report - Highlighting the significance of the upcoming Bureau of Labor Statistics report and its potential impact on interest rates. [7:53] Historical Unemployment Rates - Comparing current unemployment rates to those during past recessions, such as the 2008 financial crisis. [9:07] Analysis of Job Market Data - Reviewing the JOLTS report and ADP report and their implications for the labor market. [10:10] Active Inventory Trends - Examining trends in active inventory and what they mean for the housing market. [12:03] Days on Market Insights - Understanding the importance of days on market as a key metric for real estate investors. [13:16] Opportunities for Investors - Discussing the current opportunities in the market for real estate investors and the importance of doing the work to find deals. One Rental at a Time: Access resources, including the 54-year real estate spreadsheet. Join the School Community: Sign up for special content and expert sessions (link is illustrative). Thank you for tuning into today's episode. If you found our discussion valuable, please rate, follow, share, and review our podcast. Your support helps us continue to deliver quality content. Stay informed, stay proactive, and remember, understanding market dynamics and leveraging educational opportunities is key to navigating these economic challenges. Join our community to get the support and resources you need on your journey to financial freedom. 📖 BUY One Rental at a Time https://amzn.to/3jt3JFx 📣 Audible Version Here https://amzn.to/3jtLDTQ OR 🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm Dion from Dion Talk is Narrator!!! NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us 📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/ 📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join! JOIN HERE: https://bit.ly/3tEQhRm TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution! 💎 How to Get Started One Rental at a Time: This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals. JOIN HERE: https://bit.ly/3uDrkHq 💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending. JOIN HERE: https://bit.ly/3wbN9yr 📲 MENTORING OPTION: I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request. JOIN HERE: https://bit.ly/3hivsc5 ✍️ FREE COURSE: I put together a Free Course so people can get to know me a little more and have fun getting started with no cost. JOIN HERE: https://bit.ly/3hdMbgK 📣AUDIOBOOK: https://amzn.to/3jtLDTQ PLEASE LEAVE 5 Stars! *** Tag me on IG with a book selfie! 🧢 MERCH: I have created some fun merchandise designed by my daughter. Check out Merch Page here: https://one-rental-at-a-time.myshopify.com/