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Why NOW is The Time to Buy a House (BEFORE Rates Go Down) w/Avery Carl and Caeli Ridge

Why NOW is The Time to Buy a House (BEFORE Rates Go Down) w/Avery Carl and Caeli Ridge

Released Monday, 8th January 2024
 1 person rated this episode
Why NOW is The Time to Buy a House (BEFORE Rates Go Down) w/Avery Carl and Caeli Ridge

Why NOW is The Time to Buy a House (BEFORE Rates Go Down) w/Avery Carl and Caeli Ridge

Why NOW is The Time to Buy a House (BEFORE Rates Go Down) w/Avery Carl and Caeli Ridge

Why NOW is The Time to Buy a House (BEFORE Rates Go Down) w/Avery Carl and Caeli Ridge

Monday, 8th January 2024
 1 person rated this episode
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If you’ve been thinking about buying a house in 2024, you already may be too late. With mortgage rates dropping, listings increasing, and spring buying season only a short couple of months away, NOW is the time to act before bidding wars start up again. With so much pent-up buyer demand, agents and lenders are already seeing a spike in activity, and we haven’t even gotten to spring. So, if you want to know how to buy a house in 2024, even with fierce competition, we’re here to help.Avery Carl, short-term rental expert and agent, and Caeli Ridge, President at Ridge Lending Group, join us to talk about what they’re seeing in the market NOW, what their housing market predictions are as buying season heats back up, and whether or not now is even the time to buy. Both Avery and Caeli work heavily with investors, so they know what does and doesn’t work when buying a rental property, NOT just a primary residence.We’ll touch on the hottest markets that could see the most competition, why rookie investors need to snap out of analysis paralysis to win in 2024, and why this buying season could become red-hot in just a few months. Plus, David and Rob will answer a listener’s question about how to win in a competitive market without having the highest bid.In This Episode We Cover:“Buying season” and why spring 2024 could bring back the hot housing market Most active real estate markets that are seeing inventory fly off the MLSWhy mortgage rates are NOT as important as you think they areThe “great stalemate” and what could cause homeowners to finally list their housesWhether to buy or wait and the risk of holding out for lower mortgage ratesHow to beat other buyers when bidding for investment propertiesAnd So Much More!Links from the ShowFind an AgentFind a LenderBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaExpand Your Investing Knowledge With the BiggerPockets BooksBe a Guest on the BiggerPockets PodcastAsk David Your QuestionDavid's BiggerPockets ProfileDavid's InstagramRob's BiggerPockets ProfileRob's InstagramRob's TikTokRob's TwitterRob's YouTubeAsk David Your Seeing Greene Question5 Steps to Get ANY Home Offer Accepted (WITHOUT Being the Highest Bidder)Why Investors Are Giving Up Their “Golden 4% Interest Rates” w/Caeli RidgeFederal Housing Finance AgencyConnect with Avery and Caeli:Avery's BiggerPockets ProfileAvery's FacebookAvery's InstagramAvery's LinkedInAvery's WebsiteCaeli's BiggerPockets ProfileCaeli's InstagramCaeli's LinkedInCaeli's Website

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-869Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected] more about your ad choices. Visit megaphone.fm/adchoices

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