BiggerPockets Real Estate Podcast - April 2025 Housing Market Update: Prices to Weaken, Buyers Get Better Bargains

Episode Date: April 18, 2025

Home prices could weaken, bringing big bargains to patient buyers who’ve been sitting on the sidelines. The housing market is seeing some turbulence, even if it remains more stable than other parts of the economy. Inventory is rising, and sellers are in a tough position, with many buyers still waiting out the market. Stock sell-offs and tariffs are keeping fear high, and the housing market could freeze because of it. Where is the housing market headed? We’re catching you up on all the data and big headlines in this April 2025 housing market update. First up: inventory. A few years ago, there was none—now, we may have too much. More homes are hitting the market, which could spell trouble for sellers. With inflation fears and stock market uncertainty dragging down demand, prices may soften. Don’t worry, this isn’t another 2008, even though a certain “delinquency chart” would have you thinking so. We’re also hitting on the condo market and why more than half of condo sellers should prepare to accept an under-asking price…and this could be just the start. In This Episode We Cover: April 2025 housing market update: home prices, inventory, mortgage rates, and more Why inventory is rising so quickly now and what it means for buyers (good news?) Home price predictions and whether or not we’ll see prices fall even more in inventory-heavy markets  The condo market’s notable sign of weakness and why price drops are becoming more common With more economic pain, will foreclosures increase? Here’s why mortgage delinquencies aren’t exploding  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Apply to Be a BiggerPockets Real Estate Guest Get Early Bird Tickets to BPCon2025 ($100 Off!) On the Market 309 - Americans Are Late on Their Mortgages: Why I’m NOT Worried About THAT Chart BiggerPockets Real Estate 1103 - April 2025 “Upside” Update: Making a BIG Change to My Portfolio (Cashing Out) Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations Maximize Your Real Estate Investing with a Self-Directed IRA from Equity Trust Start Investing with Dave’s Book, “Start with Strategy” Sign Up for the BiggerPockets Real Estate Newsletter Find Investor-Friendly Lenders On the Market 309 - Americans Are Late on Their Mortgages: Why I’m NOT Worried About THAT Chart Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1110 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [e-mail]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Market rates are dropping. Inventory is rising. There are finally great buying opportunities for real estate, but tariffs and stock market selloffs could upend our entire economy. It's been an absolutely crazy month, so we got to talk about what all this means for the housing market and what you should do next. This is our April 2025 housing market. What's up, everyone? This is Dave Meyer, head of real estate investing at Bigger Pockets. Today, we're going to break down what's happening across the whole world of real estate investing. We're going to do today's show in three different parts. We're going to discuss first how mortgage rates have dropped to their lowest level in

several months, how rising inventory is driving us towards a nice buyer's market, and we'll also discuss slowing growth rates for sales prices and changing buyer demand. Then we'll move on to part two where we're going to talk about recent news that you've probably been hearing about and how all that will affect real estate. We'll have, of course, touch on tariffs and how that could spill into the real estate market. We'll talk about some potential trouble that's brewing in the condo market. And we'll talk about how mortgage delinquencies are starting to tick up and whether or not real estate investors should be concerned. Then in the last part, part three, I'll give you my opinion on what this all means for real estate investors,

what I'm doing in my own portfolio, and strategies that you may want to consider in your own investing. So that's the agenda. let's jump right into this April 2025 Housing Market Update. So the first metric that we need to cover is inventory. In a lot of ways, the story of 2025 in the housing market has really been about this steadily rising inventory. Because if you've been following the housing market for the last several years, you know that the defining characteristic has been really low inventory.

Even though mortgage rates have gone up and demand has pulled out of the market, The whole reason prices haven't softened or crashed is that inventory is just so low. But now, at least over the last couple weeks and months, inventory is starting to rise. We're at 1.1 million listings now, which probably sounds like a lot. And in signs of some improvement to the health of the housing market, it's up 12% over last year. So that is some really encouraging progress. But don't get too excited because this is not really where we need to. be just yet. When I look at the housing market, I often think about what would happen in a normal

year. And to do that, you have to look all the way back to 2019 because every year since then has had some weird anomaly going on. And so comparing today to 2022 or 2023 doesn't really make a lot of sense. So when we look back to 2019, we would expect in the month of February about one and a half million listings, we're at 1.14. So we're still 30% basically below. what we had in the last normal year that anyone can remember. And inventory, this metric, there's a reason I'm starting with this, because inventory, it matters a lot. It is a great indicator of the direction of the housing market because it sort of measures

the balance between supply and demand. It measures the balance between how many people want to buy homes and how many people want to sell homes. And generally speaking, as a rule of thumb, when you have low inventory, it is a seller's market. You have a limited amount of properties that are for sale, and you have more buyers than homes for sale, and that generally drives up prices. And the reason that's called the seller's market is because sellers have the power in those negotiations. They can usually get what they're asking on their list price and maybe even a little bit more. On the other end of the spectrum, when inventory

is super high, that is considered a buyer's market because buyers have the power. In that scenario, there are fewer buyers than homes on the market, and that means that sellers have to compete for that smaller pool of buyers, and they do that by offering concessions or lowering prices, and that gives buyers a better position. And right now, what we're seeing is that we are moving towards a buyer's market. We're still below average, but just by the fact that inventory is rising means that we're moving steadily towards that buyer's market. Now, it is worth mentioning that there are a lot of different ways to measure inventory. I'm looking at active listings right now, but there are other ways.

And one of the other popular ones called Days on Market basically measures how long it takes for property gets listed for sale to get put under contract. And that metric is actually basically back to pre-pandemic levels. And I think this is important, and I'm mentioning it for a reason, because I think that we just we might be in a new era inventory-wise. Like we might not get back to pre-pandemic levels of active inventory and we still might have a buyer's market. Like there might just be a new normal. We don't know that yet. But we do know that days on market, it shows us that the market is tilting back towards that balanced market. It is similar to what we had in 2019. Now, if it goes

beyond that, we start to see days on market tick up even beyond that, that would be really important to note when we're forecasting prices that could put downward pressure on prices. But we'll talk about that a little bit later in the episode. But for now, we've got to talk about why inventory is rising. Because yeah, we're moving towards that buyer's market. But the reasons behind it really matter for investors because there are actually two different things that can be happening. And they sort of mean different things. So the first thing that could happen is that fewer people could be looking for properties that's also known as lower demand. There's fewer people want to participate in the housing market right now. The second thing is that more properties could be listed for sale, right? You could

have the same amount of people looking, but if there's more homes being offered, that would drive up inventory, right? So let's look at which of these causes are there. We'll first look at new listings, the supply side, and that's actually what's driving this. We see that new listings are up 13% year over years. Again, similar to active listings, not back to pre-pandemic levels. It's not even back to 2022 levels, but it's higher that where we were in 23 and 24. And just to give you some sense of scale, in February of this year, we had 475,000 new listings. In February of 2019, we had 552,000. So there's still 16% more in a normal market, but we're seeing this go up. So it is true. If you see those headlines saying listings are going crazy, inventories going up, those

things are true, but it's not some emergency. If you see something on social media saying, listings are going up and every market's going crash. That is not what's happening. On a national level, we are seeing new listings go up, a significant amount, 13% year over year, but we are not at pre-pandemic levels. And more importantly, this is not happening equally across different places. We see states like Florida and Texas with rapidly rising inventory where a lot of places in the northeast and the Midwest are flat or are still down.

So take all of those scary headlines that you see with this important grain of salt. Next, let's look at that other thing that could be driving inventory, which is demand. We measure demand in a couple of different ways. The way I like to look at is something called the purchase index. It basically measures how many people apply for a mortgage to buy a home in a given week. And when you look at that, it's pretty flat over the last couple of weeks and months of 2025, but it is actually up year over year. And that is not just seasonality.

It's not just because we're going from January to February to, to, March to April. We are seeing this when comparing March to March, April to April, it is actually going up, which is super interesting and sort of counter to the narrative that you might be hearing in the media about the housing market, about how people are fleeing. It is up. And this is likely an impact of lower rates. We have seen mortgage rates go from sort of their recent high, or at least their 2025 high in January is at 7.15 to as of this recording, it's about 6.5, 6.6.6%. And that is, honestly, it's a pretty meaningful difference. It's obviously not where we were a couple of years ago, but if you were to buy an average $400,000 house in the United States, that savings,

just the move from January to where we are today would save you $140 a month. That is a pretty meaningful improvement in affordability or improvement in your cash flow if you're an investor. So just to summarize here, what's happening with inventory. So you can make sense of the news stories you're probably hearing is, yes, inventory is up, but it's not because people are fleeing the housing market. It's because more people are listing their properties for sale. And we are not at pre-pandemic level, so this is not an emergency, but the trend is back towards a buyer's market and something we should all be keeping an eye on. Now, last metric I want to just touch on is of course sale prices. This is what a lot of people focus on. And now that we've talked

about inventory and what's happening here, it will sort of make sense to you that we are seeing sales prices still up, according to Redfin and a couple other surveys. They're between two and a half and three and a half percent up year over year. And that is close to what you would expect in a healthy housing market. Is this a healthy housing market? No, it is definitely not a healthy housing market. Ask any real estate agent or lending officer, loan officer right now. It is not, but this is a somewhat normal appreciation rate. And I think the thing that is important here is, it's great that it's up. It is matching inflation. That is a great benchmark for us as real estate investors to pay attention to that our properties are at least keeping pace with inflation. But the trend

is declining, right? At the end of 2024, it was up 5% year over year. Then it was 4% year over year. Now it's 3% year over year. It has sort of flattened out over the last couple of months. We haven't seen further declines here in 2025, but that downward trend is important. Now that we've discussed inventory and the role it plays in the housing market, this should make sense to you. Prices should be softening given the dynamics we discussed. If there is more inventory, that means there are more properties for a similar amount of buyers, that's going to put downward pressure on pricing. So even though they're up 3%, the growth rate declining doesn't surprise me. And I'm mentioning this because I just want to underscore the importance of looking at inventory.

I could have told you, and I based a lot of my predictions in 2025, which have so far proven fairly accurate, based on these inventory trends. I was saying that housing prices were going to soften based on rising inventory, and we're seeing exactly that. So the question, of course, that comes up next is, will this continue? Will prices stay up? Are they going to decline? And I will get to some forecasts and expectations for the rest of the year soon.

But first, I want to talk about what's new and noteworthy in the housing market beyond just the metrics that we track each and every month. And I have three breaking stories to share with you when we come back from this quick break. This segment is brought to you by Resimply, the all-in-one CRM built for real estate investors. Automate your marketing, skip trace for free, send direct mail, and connect with your leads all in one place. Head over toresimply.com slash bigger pockets now to start your free trial and get 50% off your first month. For decades, real estate has been a cornerstone of the world's largest portfolios. But it's also historically been sort of complex, time consuming, and expensive. But imagine if real estate investing was suddenly easy, all the benefits of owning real,

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and how they relate to the housing market. I certainly have theories, but I would prefer to wait and see for a couple of months before offering any concrete predictions here. So instead of offering forecasts before really anyone knows what's going to happen, I'm going to just tell you the things that I'm personally going to be looking at to make those predictions so you can all follow along. The first thing is inflation. This is going to tell us a lot about the direction of the housing market because it will tell us the likelihood of Fed rate cuts. It will also dictate a lot of the direction of the bond market. And tariffs are going to play this big role in inflation because economists believe that tariffs cause inflation.

Even Trump himself has said that there is going to be some short-term pain due to his policy, and I believe, based on watching the news conferences, that he is referring to inflation. So to me, this is the big thing to watch over the next. couple of months. And inflation, just so you know, sometimes it takes a couple of months to show up in the data. So even if it's not high in April, I don't think that means we're out of the woods. We probably need to look at this April, May, June before forming an opinion. The second thing I am going to be watching for is buyer demand from this recent stock sell-off. There's conflicting data. There's all sorts of information about how much the stock market and real

estate are correlated. But I did some research and I can just tell you that 11% of people in the housing market, use money from the stock market to finance their down payment. And 11% might not sound like a lot, but we're already at relatively low levels of overall demand. And if we saw even a 5% decline in demand, that would translate to the housing market. So that's one part of it. But I think probably the bigger part of it is that there's just overall fear and uncertainty about the economy. I'm sure you were seeing this on social media. I'm sure you're talking about it with your friends and your family, everyone who looks at two huge declines in the stock market naturally gets a little bit fearful. Now, it's important to remember that the stock market is not the overall economy,

and the stock market is not the real estate market. And you have to remember that finance, investing, the economy, it's not always logical. People like to think that it's this perfectly rational thing, but it's not. A lot of it is psychological. And so what I'm going to be looking for is how homebuyer demand is impacted by the psychological impact of two huge stock market declines. And, you know, I'm recording this on April 8th. So by the time you might be listening to this, the stock market may have rebounded. It might have crashed really more. But even still, just the volatility that we've seen over the last couple of weeks has some psychological effect. We already see consumer confidence declining. We see inflation expectations ticking up.

And so I want to see how the psychological elements of what's been going on translates to buyer demand over the next couple of months. So that's what I'm looking for in terms of the impact of tariffs, inflation, and buyer demand. I will definitely be updating you when we get that data. So stay tuned for that next month when we do our next housing market update. The second story that's emerging right now that I want to share is that the condo market is showing a couple signs of strain. And I don't want to be alarmist, but I do think that when these trends start to emerge,

it's worth mentioning, and you can all factor it into your own investing however you want. Right now, 68%, so more than two-thirds of condos, are selling for less than their list price. And that is higher, but actually not that much higher than the rate for single-family homes. That's actually 64%. But a lot of what I talk about on the show, and I talk about data, is this total number isn't always what matters. It's the trend that really matters. And what we're seeing is the rate of condos selling for less than list price is going up faster than any other asset class. And we've also seen as an effect that condo prices have dropped over the last year for the first time in more than a decade.

And this didn't just happen in one market. This is happening almost universally. It happened in 97 of the 100 largest U.S. markets. So we are seeing some consistent softball. in the condo market. Another thing that I think is worth mentioning is not just that more properties are selling for less than their list price, but the gap between what they originally list their property for and what they eventually sell it for is actually really growing.

The average condo back in February had a sale to list price ratio of 95.4%, meaning sellers are getting almost 5% less than the owner listed it for. That's down from last year, and it's down a lot from nearly 100% during the pandemic years. Now, as I said, this is happening almost universally across the country, but there are some markets that are getting hit particularly hard. You'll probably not be super surprised to hear that Florida is getting hit the hardest. And I don't mean to laugh at that. It's not funny, but Florida is continuously in the news for having one of the weaker housing markets right now. And what we're seeing is that 85% of condos in Florida are selling.

below list price. It was 68% for the rest of the country. It is 85% for the total Florida market in Orlando. It's actually 91%. And there are some unique things going on in Florida. They have high HOA fees. Insurance premiums have been going through the roof, which is hurting affordability in Florida. And after the condo collapse a few years ago, new standards, new code were implemented. and a lot of condos have had to issue special assessments. Basically, they're going to their condo owners and asking for more money to make necessary upgrades for safety to these condo complexes. And that's making affordability even tougher in what's already a difficult affordability

situation. And so Florida is just getting hit on all sides. And so I'm not super surprised that the Florida condo market is getting hurt. And I honestly don't see it getting better in the near term. Now, Florida's not the only market. my market that I originally started investing in, Denver is really doing poorly. We see other popular markets like Virginia Beach and Charlotte also getting hit really hard. So this doesn't mean you can't invest in condos.

Like everything in the housing market, we're investing. There are tradeoffs, right? This means you're probably great buying opportunities, but you have to be careful not to catch the falling knife and negotiate a really good deal. I think this is actually a great opportunity for people who want to get into a housing market and have been previously priced out. Now, don't go and buy anything that's overpriced, negotiate, ideally buy something under current market value.

Clearly, this data tells you that you have leverage, right? If the average condo is selling for 4% under a list price, see if you can get 5% under list price. See if you can get 8% under list price. Because that gets you the upside and benefit of buying at a relatively low price, but insulates you against the potential for further price declines. All right, that was our second story about weakness in the condo. market. Third, I want to talk about the situation with mortgage delinquencies because if you are a part

of the real estate investing social media world, you have probably been hearing a lot about this in the last week. It has been everywhere, this specific chart. So what happened was a popular influencer and social media personality, Patrick Bet David, took a chart that showed that mortgage delinquencies are rising and extrapolated it to the entire housing market and said that 6.1 million homeowners were in delinquency. The only problem with this is that he took a chart that was specifically for commercial multifamily assets, which is an entirely different asset class, an entirely different credit market, and applied it to the residential mortgage market and got what are honestly just completely wrong conclusions. So I want to just set the record straight. And

And if you're curious about this, I actually made an entire episode of the On the Market podcast just about this. You can go check that out on YouTube or on our other feed. But here's the TLDR big picture situation. The overall delinquency rate for mortgages in the United States is about 3.5% right now. And that might sound high, but that is actually lower than it was in 2019. So lower than pre-pandemic, and it is way, way lower than any crash conditions back during 2009, it was like 10 or 11%. In 2019, the long-term average was about 4.6%. So in terms of mortgage

delinquencies for the average American homebuyer, we're still in very good shape. And this is despite forbearance and foreclosure moratoriums expiring years ago. We've had years for that all to work itself out. And we just haven't seen this number tick up unless you're looking at a very specific subsection of the market. When you look at FHA loans, which is about 15% of the overall mortgage market, those are starting to tick up as are VA loans. And that is important to note, but you have to remember what I said earlier, that the overall, even when you factor that in, the delinquency rate is low and actually dropped from January to March. So of course this can change if there's a big recession, but if you look at this overall, people are paying their mortgages and there aren't a lot

of concerns, at least on my end, today, for the residential market. Now, when we talk about the multifamily market, the chart that was shown, yeah, there are serious concerns there. Delinquencies have been going up. But I think that thing that sort of had me shaking my head about this over the last couple of weeks is that is not new. If you listen to this podcast or you listen to the on the market podcast, we've been saying for three straight years that multifamily delinquencies were going to go up. We've been reporting on that. So none of that is news. The only reason, in this made news is because they extrapolated the multifamily market to the residential market, and you just can't do that. They're two totally different situations. So something to keep an eye on,

as always, I'm always looking at delinquency rates because they're super important, but as of right now, they're pretty much in line with where they've been over the last couple of years. I will certainly let you know if that changes. All right, so those are our breaking stories for April. Let's shift gears and get away from the news and talk about what this actually means for you and me and our portfolios. We're going to do that right after this break. For decades, real estate has been a cornerstone of the world's largest portfolios. But it's also historically been sort of complex, time-consuming, and expensive. But imagine if real estate investing was suddenly easy,

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I'll start by summarizing my general sense of what's going on. First things first, the housing market, it's still doing okay, especially in terms of prices because they're up year over year. But my general sense, when I look, I look at a lot of data beyond what I've just reported today, but my general sense is that we're going to have a continuing softening market. Inventory is going up, and as I said, we'll see what happens with buyer demand, but my gut tells me that we're going to continue to see some softening prices. Does that mean the market's going to crash?

No. I still don't see any evidence that that's happening anytime soon. I think the market is softening. We could see prices go flat. They could even go modestly negative at some point. But I just don't see this risk of a huge sell-off or huge drop-off in buyer demand. At least as we stand today, that's what the data says. Is there a bigger chance of a Black Swan event or the market crashing now that the stock

market is really volatile and we've seen huge declines? Does the chance of a crash increase if there is a recession? Perhaps, but not necessarily. I think we have to wait until we see evidence of that. And until then, I'm sticking with the trend. I'm sticking with my original predictions. Nationally, we're probably going to see home prices continue to move towards flat. Now, regionally, of course, that's going to be super different.

But that's what the data still says. It could change my forecast, but that would just be acting on fear and not on data or actual information. And I prefer to act on actual information, rather just gut reaction to what's happened in the last week or two. So the question then, of course, becomes should you consider buying real estate right now. I personally think that in this type of market, we're going to see both ends of the spectrum. We're going to see some just god-awful deals with tons of risk, a lot of

hair on them. There's going to be a lot of that out there. There's probably going to be the majority of what's out there. But on the other end of the spectrum, I think we're going to see really good opportunities for long-term buy and hold that meet the principles of the upside era because we're moving towards that buyer's market. And I actually think in the coming months, these extremes may actually move even further apart. We might see even worse deals out there, unfortunately, but even better opportunities if you are willing and able to participate in this market. And I think what you do from here really depends on two things about you and your strategy. First is your risk tolerance and your risk capacity. In my opinion, the market is just riskier

right now that it is during normal economic times. There is a lot of uncertainty. And it might wind turning out great, but uncertainty just means risk, in my opinion. Does that mean that real estate is particularly risky? Not if you buy well, not if you're looking for a long-term buy and hold. And in fact, I think you can make an argument that real estate is better than almost any other asset class right now, as I've been saying for months. But of course, if you're going to participate in this type of market, you do need to be comfortable with some level of economic certainty and some level of risk. So that's the first thing. If you have the risk tolerance and the risk capacity to participate, I think you should at least be looking

at deals because there will be opportunities. The second thing you need to think about is your ability to separate the wheat from the chaff. And I'm going to be honest, I actually don't know what that phrase means. I'll say something that applies to me or I understand, which is separate the signal through the noise or find a needle in the haystack, whatever you want to call it, you need to be able to find good deals, right? That is going to be the really important thing, because even if you have risk tolerance and risk capacity, if you can't identify deals really, really well right now, I would suggest waiting because like I said, there's going to be both extremes and you need to be really confident in your ability to find those really good long-term assets. Now, that might

sound hard. It's not that hard. We talk about this all the time on the show. We have tons of content and information on bigger pockets about how to find good deals. And those principles have not changed. you just need to be disciplined and follow all the fundamentals when looking for deals, especially in this type of market. Now, one last thing I do want to mention about whether it's a good time to buy is whether or not you're doing value ad. And value add investing, it's basically doing a renovation. So either if you are flipping a house, doing a bird, or just doing a cosmetic renovation

on a rental you already own, you have to remember that things are very likely to get more expensive in the next couple of months. We have seen just in the last couple of days tariffs on China that provides a lot of building materials go up 34%. We don't know if and how much of that increased cost is going to be passed onto the consumers, but my bet is a lot of it is going to get passed on. And so we're going to see a lot of building materials go up in price. And we can even see things go up from a labor standpoint. Again, this does not mean you cannot buy. It does not mean you cannot invest. Almost every experience investor I know is going to keep investing. But it does mean you need to underwrite your deals a little bit differently,

analyze your deals differently, and make sure you're padding how much things are, you're expecting them to cost by a lot. I'd say at least 10% if you want to be conservative more like 15 or 20%. If you're doing a total renovation, if you're doing select things, I would look at where your materials are coming from. Look up the tariffs on those countries and adjust your perform as accordingly. And I think this example underscores the need to be in tune and be aligned with your risk tolerance. Because as I said earlier, I think there's actually going to be perhaps be better buys on the market right now for flippers or people who want to do burs. But you really need to ask yourself, are you willing to take on the risk of uncertain pricing, of uncertain

increases in material costs for that greater potential for return? There's no right answer. Just think hard about this before you make any investing decisions. Now, for me, what am I doing? Overall, I am trying to lower risk. I've actually put out an episode recently about my big upside move. I took some money out of the stock market. Fortunately, the timing of that looks really good. I did that at the end of February, and so I avoided some of this volatility because, you know, it had a little bit to do with tariffs, but overall, I just saw a lot of risk in that stock market. and so I decided to take that money out and put it into what I believe is a more stable,

long-term asset like real estate. I am taking some money, paying down my residence to save money on my mortgage, and then I'm keeping cash in a money market account while I look for opportunities in real estate. Now, I would definitely buy a deal right now if it was like a no-brainer, great decision, the underwriting worked even with my padded performer.

But right now, just I'm going to be extra conservative and I haven't found a deal that works for me. I've come pretty close, but I just haven't found something that checks all the boxes for me. So overall, I'm just sticking with my plan for 2025. I'm doing a live-in flip that's going well. I think it's going to lead to a great return for me. I am actively looking for an underwriting multifamily opportunities in the Midwest, but my main focus for an acquisition right now is trying to find one bigger multifamily property,

something like five to 25 units by the end of the year. I've been underwriting a bit for that. but I haven't found anything just yet. But I'm going to keep looking. That is my plan and I'm sticking with it. All right, everyone, thank you so much for listening to our April housing market update. If you have any questions or thoughts on what's going on in the housing market,

let me know. If you are watching on YouTube, let me know in the comments. Or if you're listening on the podcast, you can always find me on the BiggerPockets website, biggerpockets.com, or on Instagram where I'm at the Data Deli. Thanks again, everyone. I'll see you next time. Thank you all for listening to the Bigger Pockets Real Estate podcast. Make sure you get all our new episodes by subscribing on YouTube, Apple, Spotify, or any other podcast platform.

Our new episodes come out Monday, Wednesday, and Friday. I'm the host and executive producer of the show, Dave Meyer. The show is produced by Ian K, copywriting is by Calicoke content, and editing is by Exodus Media. If you'd like to learn more about real estate investing or to sign up for our free newsletter, please visit www.w.w.w.com. The content of this podcast is for informational purposes only. All host and participant opinions are their own. Investment in any asset, real estate included, involves risk. So use your best judgment and consult with qualified advisors before investing.

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