Looking Back, Looking Ahead

Today we look at several stories that look into 2018 and attempt to predict what the year will be like. Regular listeners to the show will recall that we have predicted that we are not heading for a crash, but a minor correction. For most markets this will be seen as a slowing in the rate of increase of prices. In some coastal regions we are forecasting a slight drop in prices over the next twelve months. Of the larger markets, Atlanta seems to have the most room to continue with rising prices over the next year, but we believe all the markets will be moving toward a more balanced inventory as new construction starts continue to increase and interest rates inch up. By late 2018 or early 2019 we believe the market will once again be balanced.

Here are some of the show notes:

News:

Emails:

Questions@flippingamericaradio.com Tell us where you’re from!

  • Mike, Homewood, AL “Thanks for a great show. Keep up the good work. I think I want to buy a rental property or two. How do I go about finding them? And what should I be looking for? I have about $120,000 in cash and can buy houses in the outlying areas around Birmingham in the 50-60,000 range.”
  • Leah, Birmingham, AL “I heard you talk about buying foreclosures in Alabama and that you don’t do it. But you also say the foreclosure auction is the #1 source for deals. What are we in Alabama supposed to do?”
  • Jill, Lancaster, PA “You give out so much information about how to do this on the show. I can’t help but wonder what more you tell people in your training. I haven’t been able to get down there for your workshop so far, but please tell me what I’m missing!”