57 - It Will Cost You Much More To Wait For Things To Cool Down
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 22 October 2021
⏱️ 50 minutes
🧾️ Download transcript
Summary
In 2021, you already lost waiting to see if you buy your first home. Prices have been going up and homes have been appreciating since 2012, and in 2021, prices will have gone up 10-13% on average. So you just figured this out and assume a drop is coming, and you're going keep waiting. For many of you, bad move. Listen to the details on how this historic run will likely be more historic and you should get some piece of it, instead of waiting and spending money on rent.
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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 | All right, gang, regular listeners know that we covered wait versus buy back in February 2021 on episode 40, but things have changed. |
| 0:08.2 | And for you waiters, not the food servers, but the people who waited to get a better deal, the numbers say that you missed out. |
| 0:15.9 | So what now? Keep waiting or get planning so you don't miss it again. Spoiler alert, waiting may not be your best option. |
| 0:50.3 | Hey there, everybody. I'm David Sedoni. This is the How to Buy Home podcast, the only podcast with proven success stories from people just like you who listened, learned, and bought their first home. |
| 0:55.1 | Probably because I'm the only first time buyer podcast, presented by a realtor with experience who actually talks directly to you since the rest of the realtors out there can't wait to be |
| 1:01.3 | past working with first-time buyers and on to a career working with sellers sucks but that's for |
| 1:07.6 | reels all right can you tell them a little frisky-d-day? I'm a little fired up. |
| 1:11.8 | I'm actually standing up in my office recording this podcast. |
| 1:14.8 | Yeah, if you pegged me for one of those cheesy corporate dudes with the desk that go up and down, |
| 1:19.5 | Bing, Bing, Bing, you win. |
| 1:21.9 | All right, if you are new to the show, hi there, and welcome. |
| 1:25.4 | Sorry, gang, this is it. And you're new, so you don't know me. |
| 1:29.3 | And that means you don't trust me. So let me tell you just a little bit about me and maybe you'll |
| 1:35.5 | figure out if you want to trust me or not. I don't give a crap when you buy a home. You do you. |
| 1:40.4 | You can wait and you can buy in five years and 10 years, whatever. |
| 1:45.4 | Here's what we got. |
| 1:49.4 | I've got a 15-year track record with hundreds of stories from my buyers and more recently hundreds of stories from the podcast listeners that took this free advice and figured out |
| 1:54.2 | when the right time for them to make this big step was. |
| 1:58.5 | It's not a great sentence, but you know what I meant. The whole goal is to help people |
| 2:02.5 | make a better lives for themselves whenever they're ready. The key is I think some people are |
| 2:06.7 | ready before they know it. And also, if you go back and you're new and you listen to the |
| 2:10.8 | catalog of episodes, hopefully you'll figure out that I'm a bit of a rogue realtor probably |
... |
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