Are House Prices Going to Drop Soon?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 25 April 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

With interest rates rising this year, does that mean we should expect a drop in housing prices soon? We'll walk you through that question and more in today's Q&A episode! Subscribe on YouTube! Download FREE Financial Resources from the show Get our Net Worth Tool Now! Sign up for our Financial Order of Operations course Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! Visit our site for more info. Instagram Twitter Facebook TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:07.0	investing, taxing.
0:09.0	You've got financial questions, he's got financial answers.
0:12.6	It's Brian Preston, the money guy.
0:16.1	And so you guys know one of our very favorite things to do is we like to answer your questions.
0:20.4	We want to load you up.
0:21.4	So right now, if you're in the live chat, I have a team out on the wings, Daniel, Nate,
0:26.2	Katie and others pulling in questions for us right now.
0:29.8	So if you have a question, make sure you get in the chat because we're going to load you up.
0:32.2	At the end of the day, the reason that we do this is so that we can help add value to your
0:36.4	financial life.
0:37.4	That's the first part of the abundant cycle.
0:39.7	So if you have a question, get it in there and Brian, let's jump right in.
0:43.3	This first question is from Isaac.
0:46.4	Isaac says, am I correct in thinking that with increased interest rates, this will help
0:51.4	push home prices down in order to keep those mortgages feasible.
0:55.6	Therefore I could, and I'm going to say the word should, expected decrease in the value
1:00.6	of my home.
1:01.6	I feel like a lot of folks are asking this question right now, hey, I'm going to, I'm going
1:05.6	to wait for the crash.
1:06.6	I'm going to wait for the crash.
1:07.6	I'm going to wait for the crash.
	...

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