This May Be The Most Opportune Time To Buy Real Estate... Episode 236
Description
This May Be The Most Opportune Time To Buy Real Estate...
...which might seem crazy given the current market environment
- the market has been quiet
- everything in the sales process is taking longer
- interest rates are higher than most people would like
- the economy has prolonged uncertainty
- the government is currently shut down
so why now?
think about all of the above things in reverse
when most people are running in 1 direction away from something
there is great opportunity going in the opposite direction
and yes there is also some risk involved if you choose to do that
history has shown that the greatest transfer of wealth
occurs in a down market
not an upward market
lets suppose that you were waiting for a magical interest rate
ask yourself if we are actually that far from that number right now
the same goes for home prices
the price you may be able to get today
may be lower than at any time in the next few years
as interest rates are likely to be much lower
and the economy and inflation will likely be better
and people will be buying homes more quickly and more often
there is a real reason to examine this further
todays show breaks down all the details
and then you can decide if its time to make the next move
United States
