Aug 17, 2021
Senior Consultant Rob Bertman, CFA, CFP®, joins me in this episode as we take a deep dive into the current state of the housing market.
With so many people on the fence about buying a new home this year, Rob and I tackle the most important things to consider before making that all-important decision.
Listen in as we discuss how to navigate unpredictable supply chains and fluctuating material costs when renovating your house, questions to ask yourself in the process of deciding whether to buy a house, and why homeownership is not the key to financial freedom — and what you should aim for instead.
In today’s episode, you'll find out:
- Why the housing market is so volatile
- Why current homeowners might be feeling lucky
- How to manage house hunting in today’s market
- Considerations around renovating your home
- Why a lower interest rate results in a cheaper mortgage
- Whether a market crash is inevitable
- Common budget-related issues prospective homebuyers run into
- Why homeownership is overrated when it comes to boosting your financial well-being
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