Reebi what do we have in this week's first question.

Reebi, what do we have in this week's first question?

Let's get back to your question about the sky, the housing market skyrocketing with Jim's question to kick us off.

He says, I am thinking about buying a home soon, but I'm not sure what to do.

I'm worried that if I wait for interest rates to go down,

home prices will skyrocket.

And I won't be able to afford anything.

But I am also hesitant to buy now at these higher rates.

So what would you suggest?

Should he buy now or wait?

Yeah, it's really interesting.

I think a lot of people are asking that question because buying a home in general over the last three years has been pretty daunting.

If you look at what has happened with home prices, they've steadily gone higher and higher and higher and

and interest rates were attractive three years ago and now they've become

less attractive so people are saying man I was waiting to get in the house and the

house is running away from and now that I finally have gotten the down payment because of interest rates the payments run away from me.

So how do I navigate this? When do I know it's the right time to actually take that leap.

Yeah, this is, Jim, this is a logic trap,

and the fact that you can get yourself all worked up

in a frenzy where you do analysis, paralysis

of doing absolutely nothing, because let's face it we all know when

interest rates go up a lot of people it impacts the ability for people to go get

...