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I Want to Buy a House. Will Home Prices Ever Return to Normal?

I Want to Buy a House. Will Home Prices Ever Return to Normal?

June 19, 2022 By David Banks Leave a Comment

House prices are sky high right now and that is leaving potential buyers wondering if the market will ever return to a normal state. One of the biggest things that you should be paying attention to when buying a home is that you want a home you will be happy with for at least five years. When you are trying to build wealth, real estate is a great option but it’s not the only option. Finally, you need to understand that the housing market can continue down this path for at least another decade.

Key Takeaways:

  • Expert Daryl Fairweather is chief economist at Redfin and as has been a researcher at the Boston Fed.
  • If you can’t find a place you think you’d be happy with for five years, consider renting.
  • There’s nothing wrong with building wealth through the stock market rather than the housing market.

“This is the place to come for real talk about money—and real solutions that actually work.”

Read more: https://www.realsimple.com/money/money-confidential-podcast/s2-ep9-i-want-to-buy-a-home-will-home-prices-ever-return-to-normal

Related posts:

  1. Pre-Qualified vs. Pre-Approved: What’s the Difference?
  2. The biggest mistakes home buyers make in a seller’s market
  3. 7 Bidding War Mistakes Today’s Homebuyers Are Making in Droves
  4. First-Time Homebuyers are Driving the Market Forward

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