Sellers are scared — buyers are scared — But should we be this nervous?
Coming up the first of a two-part interview with Dave Hill —
Today we’ll dive deep into where the economy is now, where it’s possibly going, why there’s reason to be optimistic and maybe a little nervous,
And the ultimate answer to this question: Should you buy a home today?
Chapters:
1:27 20% downturn in transactions for 2023? What does Dave Hill think? And why he thinks we need to turn to hockey great Wayne Gretzky for guidance
3:30 We’ll start out with a couple of quiet months. Then a prediction for interest rates.
4:20 What does the spring market look like?
5:35 where home prices will be in the Twin Cities?
9:00 Coming out of the boom and why we will (most likely) never see that again
9:30 Only 15% of real estate agents have seen what we’re going through right now! Wow!
10:00 The double-edged sword of raising rates — something you may have not considered?
20:24 Wade’s prediction — Shit storm and why the election 2024 may save us
21:47 Why the wealthy get wealthier during the recession
23:13 Why renters are stuck right now and what may save them if they are looking to own
25:00 Why, in the end, a prediction can be made for a boom or bust
29:30 Why starter homes are out of reach for the average American couple
30:35 With all of this data, and all the predictions, would Dave Hill and Wade Hanson buy a home today?
Learn more about Dave Hill:
https://hillnelsonteam.bellbankmortgage.com/
Learn more about the luxury market in Woodbury, MN: www.WadeHanson.com
