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Be Wealthy & Smart

Why Homes Over $1 Million Are Selling Briskly

Be Wealthy & Smart

Linda P. Jones

Finance, News, Invest, Investing, Economy, Money, Financial, Business News, Business

4.8883 Ratings

🗓️ 15 July 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

Discover why hoes over $1 million are selling briskly.

Are you investing well for financial freedom...or not?

Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest, makes a huge difference to your financial future and lifestyle.

If you only knew where to invest for the long-term, what a difference it would make, because the difference between investing $100k and earning 2 percent or 10 percent on your money over 30 years, is the difference between it growing to $181,136 or $1,744,940, an increase of over $1.5 million dollars.

Your compounding rate, and how well you invest, matters!

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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America’s Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.

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Transcript

Click on a timestamp to play from that location

0:00.0

Be wealthy and smart episode 1376

0:03.4

I'm gonna live no rich life

0:08.0

for the best life

0:10.0

if y'all know what I mean put your hands up and declare with me

0:14.3

Yeah, I'm full of bed time I'm gonna live the good life I'm gonna live the good

0:21.3

life beautiful and glorious life Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on be wealthy and smart and now here's your host

0:36.5

Linda P Jones

0:38.4

Welcome to be wealthy and smart. I'm Linda Jones America's wealth mentor

0:42.2

Empowering women and Men Worldwide to Financial Freedom.

0:45.0

On today's show, we're going to talk about why homes over a million dollars are selling briskly.

0:51.0

Now this goes against many reports out there that the real estate market is in

0:54.7

crisis, it's definitely not. There are some areas that have challenges. But because

1:00.5

inventory is still so limited.

1:03.7

You can't have a housing crash when you don't have much inventory.

1:07.4

You have a housing crash when you have too much inventory and they all sell at the same time.

1:12.4

That's not what we have here.

1:14.0

According to this Dow Jones article by Arthy Swaminathan,

1:18.0

it says one part of the housing market is doing brisk business,

1:21.0

says the analyst who called the 2008 housing crash.

1:25.0

It's been a rocket ship, IZ Zellman, a housing analyst says about sales of million dollar homes.

1:31.0

The housing market has been stuck in the doldrums with high home prices and

1:35.6

interest rates driving some would be buyers away. But one part of the real estate industry is showing signs of life

...

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