Navigating the Turbulent Housing Market in 2023 & 2024

22/10/2023 8 min Temporada 1 Episodio 2
Navigating the Turbulent Housing Market in 2023 & 2024

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Episode Synopsis

Hi Everyone, In today's economy, we are seeing neck-snapping interest rates, and low inventory making it one of the most unaffordable housing markets to date. I'm currently going through the process of buying a home and wanted to share some insights on what I am doing to optimize my position. Some important points in the podcast are as follows: 1) 20% Down - In the long run paying less per the amortization table2) 20-30% of after-tax income - ensuring you can comfortably afford payments3) Don't buy emotionally - life events may make it so we fall into the hype4) Shop rates at 3-5 different banks5) Xillion app - https://xillionapp.com/ - Helps compare rent vs buy6) Get your credit up7) Reach out to your peersSupport the Channel Here:Bitcoin Buys: https://invite.strike.me/2MSTYGBitcoin Address: bc1q7mahtup2zwnshwjppc5rqxcn0ydg5k5h4j3npth6vtxjdum2c2eqvx53ckSend us a textSupport the showYoutube: SatsMateX: SatsMateInstagram: SatsMateswebsite: https://satsmate.wordpress.com/

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