Wait for the Post-Stimulus Market CRASH to Buy a Home?

Buying Real Estate
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Should you buy real estate now or should you wait until after the stimulus era, after the housing market stabilizes, and we get out of this low-inventory real estate market. Also, when will real estate interest rates go up on mortgages?

There are two primary dangers. One is in your control and one is not. Carefully analyzing both of these and paying attention to these will help you know if you should move on to step 2. After all, it’s quite possible the 2020s may be an era of frugality – which means incomes throughout the country may fall throughout the decade, which is a specific danger a lot of us aren’t considering right now. We’ll also talk about the Federal Reserve’s plan on interest rates over the short term (next year to two) and I’ll discuss the risk of prices falling in the real estate market.

00:00 Top 2 Dangers NOW.
05:24 The Interest-Rate Danger (Does it Matter?).
07:44 Danger #3 – Don’t Buy This!

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❎I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Kevin MAY have an ownership interest in them — DO NOT make buying or selling decisions based on Kevin’s videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Meet Kevin®. Any use of other media is by fair-use or license only. The Paffrath Organization is a licensed real estate brokerage doing business as Meet Kevin® in California under DRE #02032575. This is not an advertisement of property for sale. Any mention of properties listed or sale or otherwise shall not be construed as anything other than an opinion for entertainment purposes only.

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