4.8 • 859 Ratings
🗓️ 24 February 2025
⏱️ 30 minutes
🧾️ Download transcript
The housing market is freaking people out—but that’s exactly why it might be your best shot to buy a home! Most buyers are too scared to jump in, but that hesitation means huge opportunities for first-time buyers who know where to look. In this episode, learn why 2025 could be the perfect time to buy, how to tap into free money for your down payment, and the biggest traps to avoid. If you’re tired of feeling stuck, this is your wake-up call.
Quote:
“When you’re prepared, you don’t just jump on an opportunity—you jump in with options. And that’s how you win.”
Highlights:
• Is now really the right time to buy? Why high inventory and low competition could be the best setup for first-time buyers in years.
• Could you get up to $50K in free money? New down payment assistance programs might help you buy sooner than you thought.
• Renting vs. Buying – The real math. Why your rent check might be keeping you stuck when you could be building wealth instead.
• Homebuilders are getting desperate. How their need to sell could score you a lower interest rate, big incentives, and hidden discounts.
• Most real estate agents aren’t selling homes. What this means for you—and how to find an agent who actually knows what they’re doing.
• Beware of builder traps. The sneaky tricks new construction companies use to lock you in without proper representation.
Referenced Episodes:
• Episode 279 – Resale vs. New Homes: Which One’s Right for You?
• Episode 260 – How Patrick & Alex Got a Killer Deal on a New Build
• Episode 256 – Jelly’s Story: Builder Incentives, Big Savings
Connect with me to find a trusted realtor in your area or to answer your burning questions!
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Visit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!
David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with two decades 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.
Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!
Click on a timestamp to play from that location
0:00.0 | Welcome to the show, homies. |
0:02.4 | Holy shit. |
0:03.7 | There's blood in the water. |
0:05.2 | But the data for 2025 shows that most buyers are terrified of the blood, so they're not jumping in. |
0:12.2 | We're seeing some incredible opportunities for first-time home buyers because of this. |
0:16.4 | The numbers are mind-blowing. |
0:18.1 | Wait until you hear what's happening in both the regular resale home |
0:21.1 | market as well as the shocking new data from the new construction home market. This could |
0:27.0 | alter your entire game plan for 2025. Jump on in, homies, the water's fine, assuming, of course, |
0:33.6 | that you have all the facts. So let's get educated. How to Buy a Home, Educates, |
0:38.6 | protects, and connects first-time home buyers to local qualified realtors specifically for first-time |
0:43.3 | buyers. Whether you're looking for DIY information or personal step-by-step guidance, |
0:48.2 | How to Buy a Home is your number one resource for first-time home buyers. |
0:51.5 | What is happening, my How to Buy a homies, I'm still David Sidoni, |
0:54.9 | and I am marching into 2025 just like you are. So here's what's happening in housing. |
1:00.6 | Mortgage interest rates are stalled around 7%. Gang, this looks like it's going to be the new normal |
1:06.9 | for at least the beginning of 2025, maybe all the way through. And this terrifies a lot of your |
1:13.1 | competition out there. And it's going to keep them on the sidelines. So that's an opportunity for |
1:17.9 | you. Now, part of the reason for that is because the current Fed rate is stuck at 4.5%. And the predicted |
1:24.5 | and prayed for 2025 anticipated slew of rate cuts. |
1:30.3 | Yeah, they're in an indefinite holding pattern, even though unemployment is at a low 4.1%. |
1:35.7 | The problem is that inflation continue to go up in January, from 2.9% to 3%. |
... |
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