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How to Buy a Home: The #1 First Time Home Buyer Podcast

62 - 2021 Recap And 2022’s Forecast - Plus, First Time Home Buyer Fundamentals

How to Buy a Home: The #1 First Time Home Buyer Podcast

David Sidoni

Education, How To, News, Investing, Business, Business News

4.8891 Ratings

🗓️ 19 November 2021

⏱️ 43 minutes

🧾️ Download transcript

Summary

2021 was a wild ride in the housing market. Post-pandemic buying frenzy, with the lowest mortgage interest rates of all time, created bidding wars and shocking home price appreciation. This episode does a deep dive on the numbers, plus predictions for 2022 and beyond. And we even jump back to some first time home buyer fundamentals, just to be sure we all stay on target.



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This podcast was created for YOU - to cut through the confusion and empower you to buy your first home. Let's change how the real estate industry treats first-timers, one buyer at a time- starting with YOU!


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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

Click on a timestamp to play from that location

0:00.0

As we wind down 2021, it's a really good time for us to dig into the market stats from the last year.

0:06.1

Because most of you guys out there listening are probably hoping for your first home purchase to be in 2022.

0:12.4

That's also a great time for us to go back and look at some of the basics that every first time buyer should know.

0:17.4

So let's put the fun back in fundamentals. Okay, hi. I guess I should explain myself there. I am your I'm going to be here.

0:38.5

Okay, hi.

0:40.7

I guess I should explain myself there.

0:44.1

I am your host, David Sedone, and this is the How to Buy Home podcast.

0:47.1

And if you're a first time listener, hang on, it'll all make sense in a minute.

0:50.1

If you're a regular, you know what's up.

0:53.2

It's another late night in the office. And I am going more than a little stir crazy in this

0:57.3

room all by myself. Dude, this week has been bananas with listeners reaching out with questions,

1:04.0

concerns, or just seeking guidance. And I'm answering all of them and rocking all day and all night and it's getting nuts.

1:14.0

There's so much information out there that isn't correct or isn't detailed or isn't getting

1:17.8

you guys what you need. So people are starting to come here and it's awesome. So I apologize

1:23.0

for my minor meltdown there. Okay, let's get into 2021. Let's see what happened and see where it's

1:28.4

going. So for many of you, it's the first time that you ever thought seriously about buying

1:32.9

a home in 2021, because I don't think you were thinking about doing this when you were 12.

1:37.1

So today, we're going to dig deep and get all analytical on the year that was. And then we'll go

1:42.7

back to some of those fundamentals that I was talking about.

1:46.3

Fundamentals, there I go again. And so you can get set up right for 2022. We're going to dive right

1:51.5

into the three topics on the 2021 numbers and beyond. We'll discuss right now how much home price

1:58.7

has risen in the last 12 months and what's happening with home

...

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