I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation just yet and that mindset helps me make more money investing.
I'm surprised you know her too. I've been making a lot of profits learning and investing with her for a few months now. ROCHELLE DUNGCA-SCHREIBER is one of the best mentor/trader I have ever worked with in the past few years, she knows how best to deal with whatever market situation.... Read more..
No she's not!... RUclips is a public place; i can't drop her information here but You can just put her name on google and you will be directed to her website and drop her your message.
We are a married couple, no kids, no intention of having kids and make a little over 300k per year. We have a hard time getting into a home because we dont want to spend 5-6-700k on a home for 2 people. Those 3 br homes for 350-400k are gone. We may do well but we dont want to live excessively. Starter homes are gone.
It depends on the area. I bought a 3 bed 2 bath all 4 sides brick home for 295k. That's not including the 20k in incentives I got. I think I made a smart choice going with this home because if I ever want to sell it, it's in a cul de sac, and it's 1300 sq ft, perfect starter home. For me, it's my forever, and I plan to pay it off in 15 years.
Don't let this information stop you from getting into a home. Internet is a little high yes but are you really going to ignore the equity you'll make? There's isn't many buyers because of the interest so less competition which means if you qualify for a certain loan amount, it'll be easier to get into your dream home! Marry the home and Date the mortgage
100% agree. Not only the equity, but as long as you get a fixed rate, you'll be fine. I've never met one person who's their rent went down or even stayed the same longer than a year or two. I bought in 2011, my friend was renting for 1200 a month. Told me I was crazy for paying 2k a month, it was a horrible time to buy, blah blah! Now, his same apartment is renting for 2.3k and he had to move to an even cheaper apartment. And to add to your point, I'm also about 200k up on value. As long as you can get the loan, and the monthly payment is reasonable, take the dive. While I'm building a little nest egg, he's being priced out of apartments. Never changes tho. He said the same thing last month. "This just isn't the time to buy"... Dudes cost himself so much money. It's kind of sad.
The only thing you're marrying is an overinflated price which cannot be refinanced. Also in an environment where prices are correcting, if you purchased recently, your LTV will not allow you to refinance, you're very likely to be on the sidelines unable to refi while prices and rates are both lower that what you can currently get. It's illogical to pay current prices which absorbed 2 years of rock bottom interest rates. Interest rates will take a toll on prices. Anyone paying current prices is just lining seller and realtor pockets.
In 1960 the average home cost 2.5 yrs average salary today it’s 8 years… no one can afford these prices either wages need to rise ALOT or home prices WILL crash.
@@sinforoso2000 This is false. Prices have been down for the last 9 months. Also, home values double every 10 years. So now is a perfect time to check local real estate markets, especially for first-time homebuyers. I just bought a new build home at 30 years old, and I got 20k incentives to close. The fear-mongerers are just plain wrong. I'm glad I trusted the data, sociological research, and my gut or else I'd still be stuck renting and gaining ZERO equity.
@@TxHoneyBee let me teach you a little math. By rates being at 3% for 2 years. Prices went up 40% in most places fueled by FOMO, greed and low rates. Rates are now above 6%. For every 1% interest rates go up, affordability goes down by 10%. Your "incentive" is a mirage. Builders were making bank and picketing the effect of low rates. They are now resorting to "incentives" and rate buy downs in an effort to keep prices elevated. Unless rates go back to rock bottom or salaries miraculously catch up to prices, property prices will correct. It's simple math. I love your complex reasoning by the way: "I buy house, I get incentive, price go up always, you lie!". That about sums up your argument. BTW, you can sit down and use reason, instead of repeating your realtors narrative.
Quite unbecoming of Forbes. Giving random "dont buy a house" advice from an unknown. What if she is wrong? What if CoreLogic is right and homes go up by 4.6% in the next year? You will be kicking yourself for listening to this.
I think it’s bad advice to tell ppl to wait until it cools, it’s already started cooling and long term prices go up. The other advice on calculators, not going by what the bank says is GREAT advice.
I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation just yet and that mindset helps me make more money investing.
What I think everyone need is a Financial Adviser, who can help you get in and out of any investment at any time and you'd sure be in Profit!!
*ROCHELLE DUNGCA-SCHREIBER,* That's whom i work with..
I'm surprised you know her too. I've been making a lot of profits learning and investing with her for a few months now. ROCHELLE DUNGCA-SCHREIBER is one of the best mentor/trader I have ever worked with in the past few years, she knows how best to deal with whatever market situation....
Read more..
No she's not!... RUclips is a public place; i can't drop her information here but You can just put her name on google and you will be directed to her website and drop her your message.
We are a married couple, no kids, no intention of having kids and make a little over 300k per year. We have a hard time getting into a home because we dont want to spend 5-6-700k on a home for 2 people. Those 3 br homes for 350-400k are gone. We may do well but we dont want to live excessively. Starter homes are gone.
It depends on the area. I bought a 3 bed 2 bath all 4 sides brick home for 295k. That's not including the 20k in incentives I got. I think I made a smart choice going with this home because if I ever want to sell it, it's in a cul de sac, and it's 1300 sq ft, perfect starter home. For me, it's my forever, and I plan to pay it off in 15 years.
Welcome to the "you will own nothing and be happy " globalist policies of the Biden Administration
If inflation has caused the prices of stuff to go up 50%, why wouldn’t houses go up too?
Don’t rush to buy homes. Some Sellers are taking advantage of limited stocks by putting artificial prices.
When is that??? I am waiting
Don't let this information stop you from getting into a home. Internet is a little high yes but are you really going to ignore the equity you'll make? There's isn't many buyers because of the interest so less competition which means if you qualify for a certain loan amount, it'll be easier to get into your dream home!
Marry the home and Date the mortgage
100% agree. Not only the equity, but as long as you get a fixed rate, you'll be fine. I've never met one person who's their rent went down or even stayed the same longer than a year or two. I bought in 2011, my friend was renting for 1200 a month. Told me I was crazy for paying 2k a month, it was a horrible time to buy, blah blah! Now, his same apartment is renting for 2.3k and he had to move to an even cheaper apartment. And to add to your point, I'm also about 200k up on value. As long as you can get the loan, and the monthly payment is reasonable, take the dive. While I'm building a little nest egg, he's being priced out of apartments. Never changes tho. He said the same thing last month. "This just isn't the time to buy"... Dudes cost himself so much money. It's kind of sad.
The only thing you're marrying is an overinflated price which cannot be refinanced. Also in an environment where prices are correcting, if you purchased recently, your LTV will not allow you to refinance, you're very likely to be on the sidelines unable to refi while prices and rates are both lower that what you can currently get. It's illogical to pay current prices which absorbed 2 years of rock bottom interest rates. Interest rates will take a toll on prices. Anyone paying current prices is just lining seller and realtor pockets.
In 1960 the average home cost 2.5 yrs average salary today it’s 8 years… no one can afford these prices either wages need to rise ALOT or home prices WILL crash.
@@sinforoso2000 This is false. Prices have been down for the last 9 months. Also, home values double every 10 years. So now is a perfect time to check local real estate markets, especially for first-time homebuyers. I just bought a new build home at 30 years old, and I got 20k incentives to close. The fear-mongerers are just plain wrong. I'm glad I trusted the data, sociological research, and my gut or else I'd still be stuck renting and gaining ZERO equity.
@@TxHoneyBee let me teach you a little math. By rates being at 3% for 2 years. Prices went up 40% in most places fueled by FOMO, greed and low rates. Rates are now above 6%. For every 1% interest rates go up, affordability goes down by 10%. Your "incentive" is a mirage. Builders were making bank and picketing the effect of low rates. They are now resorting to "incentives" and rate buy downs in an effort to keep prices elevated. Unless rates go back to rock bottom or salaries miraculously catch up to prices, property prices will correct. It's simple math. I love your complex reasoning by the way: "I buy house, I get incentive, price go up always, you lie!". That about sums up your argument. BTW, you can sit down and use reason, instead of repeating your realtors narrative.
She did not said nothing new 😂
Quite unbecoming of Forbes. Giving random "dont buy a house" advice from an unknown. What if she is wrong? What if CoreLogic is right and homes go up by 4.6% in the next year? You will be kicking yourself for listening to this.
❤❤❤❤❤❤
I think it’s bad advice to tell ppl to wait until it cools, it’s already started cooling and long term prices go up. The other advice on calculators, not going by what the bank says is GREAT advice.
Thanks, Realtor.
Bag holder detected 😂
🏄
Trump2024