House Prices Going Down, Cost To Buy House Going Up... But HOW? - a podcast by Nev

from 2022-02-07T14:16:19

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An interesting conundrum that we are seeing now is that home listing prices are starting to go down while the cost to buy a house is going up. How is that possible? One word: mortgage! 


Simply put, mortgage rates are going up and because it's getting more expensive to borrow, buyers are now able to spend less on homes. This is a vicious cycle that will continue to put pressure on home prices. While all of that is happening, we are still having the Fed talk about raising rates and we are seeing that large buyers and investors are grabbing as many properties as they can get their hands on. Why?


With inflation going up, having an asset that appreciates over time while keeping the debt burden leveled means that income producing properties become more valuable and profitable over time. And that is what we'll get into in this episode.




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As you may know, I will be rolling out a FREE real estate investing course that I call Real Estate On The Cheap Mini Challenge. If you'd like to participate through video, make sure you join my YouTube Channel



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