Are There Any Good Strategies Left In This Housing Market? скачать в хорошем качестве

Are There Any Good Strategies Left In This Housing Market?

A creative approach to real estate is necessary for anyone looking to do anything in the current housing market. To learn more about the swiss army knife approach to creative real estate strategies with the real estate business in a box Little Pink Houses of America, please send an email to: ** [email protected] ** Please include your name & phone number in your email and 'VIP Conversation' in the email description. Also, please check out our Little Pink Houses of America playlist: ►    • Side Hustle Real Estate Investment Option:...   Timestamps: 0:00 - Creative Strategies For This Housing Market 5:29 - $194,000 in Profit 8:39 - Real Estate Business in 2022 Creative real estate is going to be crucial in the coming months and years, especially when you look at the fact that we’re seeing the worst housing affordability since 1989. According to the NAR, the average existing single-family sales price was $423,300 in June and the median mortgage interest rate was 5.6%, with a median household income of $91,952. In June 1989, the median existing single-family sales price was $94,800, mortgage rates were 10.6%, and median household income was $34,128, according to NAR. This means that the current average existing single-family sales price is 4.6 times the current median household income, while it was 2.8 times the median household income in 1989. When you factor in the difference in mortgage rates, the average home in 1989 cost approximately 30.7% of the median household income, while in June of this year it cost approximately 31.7% of the median household income, which just goes to show how much of a difference that additional 5% in mortgage interest made back in 1989. Unfortunately, it appears the Fed is going to continue pushing that interest rate higher in order to curb inflation, so affordability may be taking an even bigger hit in the coming months. The Fed saw “little evidence” late last month that US inflation pressures were easing, which indicates that they will likely continue to approve additional hikes, though they haven’t been specific as to what we should expect. Get one-on-one coaching with Matthew Pillmore: ► http://www.FreeCoachingCalendar.com Get your FREE Cash Flow Cruncher budgeting spreadsheet here: ► http://www.cashflowcruncher.com It's way more than just a budgeting spreadsheet! Manage your finances completely and easily with the Cash Flow Cruncher, our gift to you just for being a viewer of the channel! Getting into Real Estate? Check out the Real Estate Investment Analysis Worksheet, a FREE resource that helps you calculate whether or not a property will be a money-making machine for you! ► http://www.investmentanalysisworkshee... Want more actionable financial tips and tricks like this one? Check out our YouTube channel here    / vipfinancialed   Make sure to check out our social channels for more insight and industry news! Facebook -   / vipfinancialeducation   Instagram -   / vipfinancialed   Instagram (Lifestyle) -   / vipfinancialedlifestyle   Twitter -   / vipfinancialed   LinkedIn -   / vipfinancialed   BBB A+ Rating - https://www.bbb.org/denver/business-r... Disclaimer and Waiver — VIP Enterprises, LLC, its owners, officers, directors, employees, subsidiaries, service providers, content providers and agents (referred to as "VIP Financial Education") are not financial or investment advisers and not licensed to sell securities or investments. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offerings. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk and results always vary. The content is provided 'as is' and without warranties, either expressed or implied. VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content. Furthermore, from time to time VIP Enterprises may earn an affiliate commission when a viewer purchases a product, program, or service as a result of our content. #housingmarket2022 #realestateinvesting #cashflow