Chapter
The difference between the real estate market and the stock market
27:26 - 35:06 (07:40)
It is better to keep an eye on the Federal Reserve Bank's interest rates rather than the housing market itself, avoiding getting emotional with sudden up and down swings in the stock market, as the real estate market tends to move significantly slower due to the process of buying and selling homes.
Clips
The real estate market moves much slower than the stock market because selling and buying homes takes much more time than trading stocks.
27:26 - 31:44 (04:18)
Summary
The real estate market moves much slower than the stock market because selling and buying homes takes much more time than trading stocks. Emotional reactions to market changes can cause significant swings in the stock market, while in the real estate market, it can take months or even a year to sell a home.
ChapterThe difference between the real estate market and the stock market
EpisodeEverything You Need To Know About The Housing Market w/ Jaspreet Singh EP 1313
PodcastThe School of Greatness
The Federal Reserve Bank raising interest rates is a better indicator of the housing market outlook.
31:44 - 35:06 (03:21)
Summary
The Federal Reserve Bank raising interest rates is a better indicator of the housing market outlook. If interest rates keep going up, mortgage rates will increase and buying a home will be more expensive.