“Prices are going to go up six percent in chicago over the next year… we’re only projecting like one and a half percent decline nationally in the next year”

The Iced Coffee Hour · The Housing Market Is Completely F*d - Stay Away From These States! | Reventure Consulting

Play from 2:00:24
2:00:24

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What was described

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

Said nearby on the same subject

“Price cut is actually a reflection of how well that home is priced… not a sign that the market's crashing”
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Dave Meyer
BiggerPockets Real Estate Podcast ·
Contrarian take Share this moment
“Don't buy anything unless it's 15 to 20% below that price. That's how you get equity without market appreciation”
DM
Dave Meyer investor
BiggerPockets Real Estate Podcast ·
How they work 15-20% discount Share this moment
“We set up a little algorithm… feeding the weekly prices in… spitting out… based on momentum and scarcity”
♫
Said on The Deal with Adam Di Marco
Automation Share this moment
“Lennar priced them at the same sort of entry-level to mid-market pricing that they use on all of Lennar's housing product”
♫
Said on What's Your Problem?

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