Episode #869 If you’ve been thinking about buying a house in 2024, you already may be too late. With mortgage rates dropping, listings increasing, and spring buying season only a short couple of months away, NOW is the time to act before bidding wars start up again. With so much pent-up buyer demand, agents and lenders are already seeing a spike in activity, and we haven’t even gotten to spring. So, if you want to know how to buy a house in 2024, even with fierce competition, we’re here to help. Avery Carl, short-term rental expert and agent, and Caeli Ridge, President at Ridge Lending Group, join us to talk about what they’re seeing in the market NOW, what their housing market predictions are as buying season heats back up, and whether or not now is even the time to buy. Both Avery and Caeli work heavily with investors, so they know what does and doesn’t work when buying a rental property, NOT just a primary residence. We’ll touch on the hottest markets that could see the most competition, why rookie investors need to snap out of analysis paralysis to win in 2024, and why this buying season could become red-hot in just a few months. Plus, David and Rob will answer a listener’s question about how to win in a competitive market without having the highest bid. ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Expand Your Investing Knowledge With the BiggerPockets Books: https://store.biggerpockets.com/?utm_source=owned_media ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders ~~~~ Ask David Your Seeing Greene Question: https://biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ 5 Steps to Get ANY Home Offer Accepted (WITHOUT Being the Highest Bidder): https://www.biggerpockets.com/blog/real-estate-826?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Why Investors Are Giving Up Their “Golden 4% Interest Rates” w/Caeli Ridge: https://www.biggerpockets.com/blog/on-the-market-123?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Federal Housing Finance Agency: https://www.fhfa.gov/ ~~~~ Connect with Avery: BiggerPockets: https://www.biggerpockets.com/users/averyc4?utm_source=youtube&utm_medium=description&utm_campaign=none Facebook: https://www.facebook.com/theshorttermshop Instagram: @theshorttermshop or https://www.instagram.com/theshorttermshop/ LinkedIn: https://www.linkedin.com/in/averycarl/ Website: https://theshorttermshop.com/bp/ ~~~~ Connect with Caeli: BiggerPockets: https://www.biggerpockets.com/users/caelir?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @ridgelending or https://www.instagram.com/ridgelending/ LinkedIn: https://www.linkedin.com/in/caeliridge/ Website: https://ridgelendinggroup.com/ ~~~~ Connect with David and Rob on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Rob (Robuilt): Instagram: https://www.instagram.com/robuilt/ TikTok: https://www.tiktok.com/@robuilto X/Twitter: https://www.twitter.com/robuiltchannel YouTube: https://www.youtube.com/c/Robuilt ~~~~ Follow David and BiggerPockets on Instagram: @davidgreene24 or https://www.instagram.com/davidgreene24/ @biggerpockets or https://www.instagram.com/biggerpockets/ Show notes at: https://link.chtbl.com/BPRE 00:00 Intro 01:22 Hottest Markets and Who’s Buying 07:47 A VERY Active Buying Season? 10:31 Wait for Rates to Drop? 18:15 Spring Buying Will Be HOT 21:31 Mortgage Rate and Price Predictions 24:07 Should You Buy in 2024? 30:36 HOW to Buy in 2024 34:25 SG: How to Win in a Hot Market