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Podcast: BiggerPockets Real Estate Podcast
Episode: BiggerNews: âBoomtownsâ Are DecliningâŚItâs Time to Take Advantage
Description: Real estate âboomtownsâ present a massive opportunity to investors in 2024. A few years ago, buyers were fighting tooth and nail to purchase properties in Austin, Boise, Phoenix, and other red-hot markets. Demand was growing in these cities, and prices were shooting up with no end in sight. But thenâŚit stopped. Prices started declining, vacancy rose, and investors were stuck holding onto properties now worth less than what they paid. The interesting part? These market declines might be only temporary, and those who donât buy now could be kicking themselves a few years down the road.To give...