The 8 Worst and BEST Housing Markets of 2023

What's the best housing market for real estate investing? If this were 2022, we'd say cities like Boise, Austin, or Phoenix, but things have changed, and many of last year's top real estate markets look like this year's losers. So which cities are the ones worth investing in over the next year? Which will see population, job, and home price growth? And which markets can you expect to sink even lower as interest rates rise and the threat of a recession looms?

We've got a few housing market experts around to help you navigate the plethora of property markets in the United States. James Dainard, master house flipper on the west coast, has a surprising prediction on an often underrated east coast city. Jamil Damji, one of the nation's largest wholesalers, is bearish on what was once a hot market and bullish on a "unicorn" city between two cultural capitals. Kathy Fettke, the Golden State's home builder and investor, picks a fight with a familiar character and has her eyes set on another sunshine state.

And, of course, we also get Dave Meyer's take on where the data says will be the worst and best real estate market to invest in during 2023. So place your bets, get your MLS search ready, and prepare to see which markets will come out on top over the next year. If you're thinking of buying or selling, these picks may completely change your plans!

00:00 Intro
03:01 Top Real Estate Markets of 2022
07:44 Best and Worst Markets of 2023
09:11 Worst: Detroit
14:28 Worst: San Diego
23:56 Worst: Ventura County
29:03 Worst: Reno
32:42 Best: Tampa
36:25 Best: Raleigh
43:16 Best: Hartford
46:59 Best: Madison
51:03 Real Estate Wrap-Up


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Rocket Mortgage’s Top Real Estate Markets of 2022:
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Henry Washington: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none
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Jamil Damji: https://www.biggerpockets.com/users/jdamji?utm_source=youtube&utm_medium=description&utm_campaign=none
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Episode 67

Show notes at: https://www.biggerpockets.com/blog/on-the-market-67?utm_source=youtube&utm_medium=description&utm_campaign=none

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