The Fall Housing Market Could Be Red Hot—Here’s How Investors Can Profit

Zillow reported that nationwide active inventory was up 22% year over year in August, although it remained 31% lower than the pre-pandemic level of August 2019. Meanwhile, new listings grew slightly monthly and yearly but were 21% lower than the same month in 2019.  In a separate report, Zillow reported that unlike at the height of the rate hikes, when renting was cheaper than buying, the opposite is true in 22 of the 50 largest U.S. metros. New Orleans, Chicago, and Pittsburgh offer the most significant savings when comparing the cost of rent to a mortgage payment, assuming that the buyer purchases conventionally with a 20% down payment. Keep reading the article here: https://www.biggerpockets.com/blog/fall-housing-market-outlook Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices