“Price cut is actually a reflection of how well that home is priced… not a sign that the market's crashing”
DM
Dave Meyer
BiggerPockets Real Estate Podcast ·
The Iced Coffee Hour · The Housing Market Is Completely F*d - Stay Away From These States! | Reventure Consulting
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
Provide zip-code-level housing market forecasts one year out based on inventory, days on market, price cuts, appreciation momentum, etc.
Chicago price +6% next year; national decline -1.5% next year
“Price cut is actually a reflection of how well that home is priced… not a sign that the market's crashing”
“Don't buy anything unless it's 15 to 20% below that price. That's how you get equity without market appreciation”
“We set up a little algorithm… feeding the weekly prices in… spitting out… based on momentum and scarcity”
“Lennar priced them at the same sort of entry-level to mid-market pricing that they use on all of Lennar's housing product”
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