Chapter
Predictions for the Real Estate Market in 2021
1:49:08 - 1:54:25 (05:17)
Real estate expert predicts a rise in home prices by an average of 10%, with higher increases of 15-20% in cities like Texas, Florida, and Nashville due to their performance during the pandemic. Advises those looking to buy to consider next year as the time to make a purchase.
Clips
Real estate expert predicts a 10% decrease in housing prices nationwide, but certain areas like Texas, Florida, and Nashville may see a 15-20% decrease due to their pre-COVID economic stability.
1:49:08 - 1:50:43 (01:35)
Summary
Real estate expert predicts a 10% decrease in housing prices nationwide, but certain areas like Texas, Florida, and Nashville may see a 15-20% decrease due to their pre-COVID economic stability. People may also sell their second homes in these areas first.
ChapterPredictions for the Real Estate Market in 2021
Episode#42 Rob Luna - Wealth Strategist on the Recession and Inflation
PodcastShawn Ryan Show
The median home price is usually around three and a half times the average household income, in order for the average mortgage payment to remain sustainable.
1:50:43 - 1:52:24 (01:41)
Summary
The median home price is usually around three and a half times the average household income, in order for the average mortgage payment to remain sustainable. Therefore, it's important to consider the average household income in relation to the median home price when buying a house.
ChapterPredictions for the Real Estate Market in 2021
Episode#42 Rob Luna - Wealth Strategist on the Recession and Inflation
PodcastShawn Ryan Show
The speaker predicts that due to increased interest rates, the real estate market will experience a drop in prices in the near future.
1:52:24 - 1:53:55 (01:31)
Summary
The speaker predicts that due to increased interest rates, the real estate market will experience a drop in prices in the near future.
ChapterPredictions for the Real Estate Market in 2021
Episode#42 Rob Luna - Wealth Strategist on the Recession and Inflation
PodcastShawn Ryan Show
In the finance industry, the fear of the dollar collapsing has been around for a long time and creates a lot of clicks and discussions.
1:53:55 - 1:54:25 (00:30)
Summary
In the finance industry, the fear of the dollar collapsing has been around for a long time and creates a lot of clicks and discussions. There are concerns of whether printing money will lead to a collapse, but it's important to be cautious of the sources talking about it.