THIS Is When You Should Buy a House! | Ep. 429

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When is the right time to buy a house? With 83% of Americans believing it's a bad time to buy, D.O. analyzes historical data and crunches the numbers to reveal the surprising truth about homeownership. 🏠
D.O. discusses the cost of waiting, the long-term financial benefits of owning a home, and debunks common myths about the current housing market.
Whether you're a potential homebuyer, real estate agent, or mortgage professional, this episode provides valuable insights to help you make informed decisions about homeownership. 🧠👈
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Click here to find the time that work best for you: calendly.com/kevinmurphyhomeloans
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Опубликовано:

4 май 2024

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Комментарии : 7

@twall4642 16 дней назад

Love the logic behind “good/bad time to buy” scenarios 👏👏👏

@hangguy209 15 дней назад

It can be a good time to buy but the wrong time to buy if you aren't prepared and vice versa

@Innovationlu 15 дней назад

Don't know you guys, but I like banter between you too!

@kyleswrath 12 дней назад

I feel like these videos need to be more direct and to the point less fluff and you’d get more views

@dustinowen1191 10 дней назад

This video is of our recent podcast episode. We have started releasing one actual video per week that is direct, short and to the point based on feedback like yours. So, thank you. We appreciate the support and input.

@zholden88 14 дней назад

Way cheaper to rent than buy. Rent and invest the difference. The price of property insurance and tax alone will equal the price of renting each year. Doesn't even take into account the overinflated mortgage. And lets say prices appreciate like this guy is saying. Those prices just go up. I'll take my 2k rent over these overinflated housing expenses. You're waiting because its unaffordable and we wont pay these prices until supply comes up to reduce the price. And if it doesn't then keep renting. Ive been paying the same 2k rent for the last 3 years. Hasn't gone up once.

@dustinowen1191 10 дней назад

Two thoughts on this...First, most won't invest the difference. I agree that is a strategy worth exploring but with 50 years on consumer data I can tell you most won't. Second, let's say the "difference" was $1,000 per month. Of that $1,000, $500 is going towards equity via principal reduction. So the real difference is $500. Investing $500 per month = $6k per year. At 3% appreciation (not 4+% which is the 50+ year average) on a $400k home you are talking about $12k in appreciation. ($12k > $6K). All that said, no one should buy if they are not ready or cannot afford. The point was if you can afford and are ready the odds are stacked against those who wait.