Bob FraserCFO & Macro Strategist | Data-Driven Investing Expert | Speaker & Author

Are You Buying Real Estate Right Now?

Name: Are You Buying Real Estate Right Now?
Uploaded: 2024-05-29T18:53:42+00:00
Duration: 26 s
Channel: Bob Fraser
Description: In this brief monologue, the speaker advises prospective real‑estate investors to avoid rushing into purchases. He predicts that deal flow will be thin…

29 May 2024 · 0 min

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In this brief monologue, the speaker advises prospective real‑estate investors to avoid rushing into purchases. He predicts that deal flow will be thin this year because sellers are holding out for higher prices, but he sees the current year as a buying opportunity and expects the next year to be even more favorable. He explains that the market’s absorption process may take 2–6 years, meaning that advantageous buying windows could persist for up to six years. The overall message is to be patient, recognize the limited short‑term supply, and plan for a multi‑year buying horizon.

Don't be in a big rush is my advice. This is going to be a great buying opportunity. I think it's going to be very difficult to find deals this year because no one wants to sell at the prices you want to buy at yet. They're still holding on for hope. I think this year is going to be some buying opportunity. Next year is going to be fantastic buying opportunity. And if it takes 2 to 6 years for absorption to happen, we may see buying opportunities for the next 6 years. So don't be in a big rush is my advice.