92 - Is The CRAZY 2022 Housing Market Changing?
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 4 May 2022
⏱️ 37 minutes
🧾️ Download transcript
Summary
The data is in for the first two months of 2022, and things are spiking at record pace – home prices, mortgage rates, and heart rates! Slowly we are seeing things reacting to this in March and April, so things could finally be changing in favor of the first time home buyers. It is really a CRAZY market out there. Listen up for the details so that you will have a clear understanding of what is happening right now and have a deep view on what the data says! Leverage on this information and have your first HOME!
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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 | In 2021, more than 6 million homes sold in the United States. That was a 15-year record high. |
| 0:06.7 | Well, the public got winded that, and suddenly in the first four months of 2022 here, we've had a new |
| 0:11.9 | gold rush. It's been a new dot-com boom, a new Bitcoin surge, a new NFT collectible grab, |
| 0:18.9 | or it's like a limited edition sneaker drop, and it seems like |
| 0:22.1 | it's impossible to attain that thing that you're trying to get at a decent price because |
| 0:27.3 | the competition's bananas and the prices keep getting driven up. Well, that's what's happening |
| 0:31.5 | with first-time homebuyers. And they're all running around acting like it's Black Friday, |
| 0:36.3 | shopping at Walmart, |
| 0:37.8 | breaking down the doors at 5 o'clock in the morning. |
| 0:40.7 | But is it finally starting to change in the favor of the buyers? |
| 0:46.1 | Let's find out. |
| 1:13.1 | Music What is up how to buy a homies? Good to have you here. I'm David Sedone. And yeah, I'll say it. I'm a first-time buyer expert. I'll flex on that. I'm cool. |
| 1:18.8 | I'm one of the few, if not one of the only experienced agent that has taken the time to get out here and give you guys all the information that you need to help you succeed. I've been through several |
| 1:22.6 | market ups and downs. And because of that, that's why I said today's episode was very important. |
| 1:29.3 | One of the ones I went through was the biggest crash and rebound in real estate history. |
| 1:36.4 | That was 2007 and 8 going all the way into 9, 10, 11 grossness. Oh, it was bad news back then. |
| 1:42.9 | But I'm here bringing my 16 years of experience |
| 1:45.3 | to all of you folks out there mixed with my intense burning, nerdy desire to study the market |
| 1:50.3 | history and that regurgitated all to you, researching the trends, following the data, |
| 1:54.6 | and trying to make sense of the insanity that's happening out there right now. And what I'm |
| 1:58.9 | finding out is there's like three kinds of listeners out there |
| 2:01.5 | for you. You're in three different categories right now. You're either new to the game and freaking |
... |
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