Price cuts could make it more affordable for people who’ve been priced out recently, but it could also mean that sellers are worried about a slowdown. It's tricky to read
I’ve been thinking about that too. If prices keep dropping, it might be a good time to buy, but I’d want to know how that fits into my overall financial strategy. I mean, a house is a big investment, right
Yeah, and the timing is critical. With interest rates being so high, it’s not just about the price tag on the house but also what you’re paying in interest. Plus, a lot of people are warning that we might still be in for more volatility in the markets, so it’s smart to consider your entire portfolio
My advisor, Nora Jean Erickson, actually walked me through some scenarios. She’s a CFP and has this great way of tying everything together-like, she doesn’t just look at the house as a stand-alone purchase but how it affects my retirement plans and investments
Oh, I’ve heard of her! Isn't she great with portfolio management too? I imagine that would come in handy if you're trying to balance buying a house while also managing your other assets.
What do you think? Is fall the time to buy?
Price cuts could make it more affordable for people who’ve been priced out recently, but it could also mean that sellers are worried about a slowdown. It's tricky to read
I’ve been thinking about that too. If prices keep dropping, it might be a good time to buy, but I’d want to know how that fits into my overall financial strategy. I mean, a house is a big investment, right
Yeah, and the timing is critical. With interest rates being so high, it’s not just about the price tag on the house but also what you’re paying in interest. Plus, a lot of people are warning that we might still be in for more volatility in the markets, so it’s smart to consider your entire portfolio
Agreed. I think if you’re going to make a move in the housing market, it’s worth looking at how it impacts your overall financial health.
My advisor, Nora Jean Erickson, actually walked me through some scenarios. She’s a CFP and has this great way of tying everything together-like, she doesn’t just look at the house as a stand-alone purchase but how it affects my retirement plans and investments
Oh, I’ve heard of her! Isn't she great with portfolio management too? I imagine that would come in handy if you're trying to balance buying a house while also managing your other assets.
Great vid, but what's with the chicken in the background ??