124 - How To Plan For A Recession
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 6 September 2022
⏱️ 40 minutes
🧾️ Download transcript
Summary
We know a recession is coming, so if you're considering buying your first home, is this a smart move? Should you be trying to time the market? What's the best way to stay afloat, and are there any tricks to take advantage of as things head downward? So many questions and so many answers are all in this episode. Allow David Sidoni to guide you in this conversation on how to plan for a recession, laying out where housing sits right now so you can prepare and make the most of the situation.
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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
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Transcript
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| 0:00.0 | Well, the world is changing fast right now, and it's been said that the meek shall inherit |
| 0:04.1 | the earth, which is also a deep cut Motown style banger from Little Shop of Horrors, but I digress. |
| 0:09.9 | I'm all about the golden rule and being kind in our time that we have to everybody that we know |
| 0:15.2 | on the planet. |
| 0:15.7 | I also know that when troubles come and suddenly inheriting the earth seems pretty tough for the meek |
| 0:23.0 | and people feel like everything is rigged against them, there are some people that will whine |
| 0:27.5 | and complain. |
| 0:28.8 | And quite often, they're the people who didn't heed the warnings. |
| 0:32.5 | So we're going to talk about preparing for the looming changes that not only can help |
| 0:37.3 | you survive, |
| 0:38.2 | but help you thrive in times of disadvantage. |
| 0:42.0 | So let's get prepared. |
| 1:01.2 | Thank you. What is up, homies? |
| 1:02.8 | How are you? |
| 1:08.2 | Are you super excited to dive into a recession for the second time in a row? |
| 1:09.9 | How's it going, gang? It's David Sedoni. |
| 1:10.9 | Your first time buyer advocate, your educator, and revolution instigator. |
| 1:15.6 | Welcome in How to Buy a Homies. |
| 1:17.9 | Yep, it's part two of my uplifting and optimistic breakdown of the looming economic |
| 1:24.5 | misfortune that we're all going to experience in the future or possibly |
| 1:28.9 | are already experiencing right now. Yeah. Well, for work, I'm on the TikTok and the Instagram. |
| 1:34.7 | Yeah, that's what I tell people. I do it for work. But I'm seeing all the millennials posting |
... |
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