If you have been following along for the last 30 days by now you should know that waiting for home prices to go down is okay but they’ll only go down a little bit more as interest rates creep up. Higher rates means higher mortgage payments and lower prices you can be approved for because approval is based on rates that dictate your monthly payment and that alone determines your affordability; not prices. Waiting for prices while rates are rising is costing you more money and lowering your ability to afford much. Be careful with “timing the market” hacks that are mostly BS!

You know by now that DOM can exceed 30 days simply because the market has reset and is now stable versus chaotic so it’s flipped from a seller’s market to a buyer’s market. It’s okay. You know too from being here how to sell faster in this market. I have multiple posts on this topic if you need a reference.

This month we also talked about equity and putting serious cash in your possession that’s free and already in your pocket without you knowing it. What else?

Oh yeah!

Your FHA loan can buy you an investment property for the same price as a regular home and you can become an investor overnight without extra money or debt. Cool huh?