Episode #1131
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“Should I buy a house now or wait until prices fall further?” If you’re a first-time homebuyer or regular real estate investor, you’ve no doubt asked yourself this question. Home prices are falling in many major markets, and affordability could be improving for Americans. There’s a strong chance home prices could fall even further throughout this year, so should you wait for the bottom or take your chances and put something under contract now?
Dave is sharing his exact investing plan today.
With new home price predictions from top housing market data leaders like Zillow forecasting a drop in home prices, many buyers are remaining hesitant. But, as a real estate investor, you’re not buying your dream house—you’re looking for deals. Dave shares a simple strategy he uses to gauge when to buy, even when the housing market is going in different directions.
If you follow this method, you’ll not only (most likely) be better off than the average investor, but you’ll be buying with far less stress and far greater strategy. Plus, what are the scenarios for the next year or two? Is there a chance that home prices could reverse and return to appreciation territory by this time next year? Dave is sharing his take so you can make better investment decisions.