I wanted to share my latest appearance on CNN where I discuss the highest mortgage rates we’ve seen since 2009. How are these mortgage rates affecting the price of the homes on the market? Unfortunately, those of us in the industry knew these astronomical rates were on the horizon, but can this supply and demand problem truly be something a spike in interest rates can solve? See what else I had to share here.
I recently spoke with Bankrate about how home sellers can create a bidding war. In a seller’s market like we have today, getting multiple offers on your home is commonplace. This often means more opportunities and more money for sellers. It’s these conditions that spark bidding wars, driving the price high above the original asking price, and I discuss whether or not there is a way you can ignite a bidding war. Check out more of my thoughts here.
There are multiple factors that go into creating wealth. Between a diverse portfolio, and other assets, building wealth takes time, patience, and determination. But there’s one MAJOR factor that goes into creating wealth and that’s why this week I wanted to share a special YouTube video where I reveal the #1 thing you must have to generate wealth.
I wanted to share this article, that talks about whether or not now is the best time to buy a home. Between record-setting inflation and interest rates that we’ve never seen before, this market has been drawing comparisons to the housing crash of 2008. But, should we be preparing for a similar crash, or are these comparisons to 2008 a tad overblown?
