The Housing Market is starting to show some signs of weakness with demand dropping and inventory building with mortgage rates pushing close to 7%. Should you Buy Now Or Wait For The 2024 RECESSION? When will house prices become more affordable? In this live episode, we are going to discuss the latest from the FED as well as the latest economic data while helping you understand how that affects you as a buyer or seller in the 2023 housing market.

⏩Buy NOW or WAIT For A More Affordable Housing Market?-
⏩ Super Low Mortgage Rates Have RUINED The Housing Market –
⏩The Housing Market Is Facing A Mortgage Rate Problem! –

Tonight’s Slides –

HOME BUYER RESOURCES:

🏠 – First Time Home Buyer Course –

✅ – Get a Referral to a Mortgage Lender or Realtor –

🎙- The Educated Home Buyer Podcast –
Spotify –
Apple –

Want to Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
➡I N S T A G R A M ➳
➡T I K T O K ➳
➡Local Youtube Channel ➳ …(read more)

BREAKING: Recession News

LEARN MORE ABOUT: Bank Failures

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

It’s a question that many people are asking themselves: should we buy now or wait for the 2024 recession? With the economy still recovering from the impact of the COVID-19 pandemic, there is a great deal of uncertainty about what the future holds for the global economy.

Some analysts and experts are predicting that a recession could hit in 2024, due to a combination of factors such as rising inflation, higher interest rates, and a potential slowdown in economic growth. In light of this, many consumers and investors are wondering whether they should hold off on making big financial decisions, such as buying a house or investing in the stock market.

On the other hand, there are also those who argue that trying to time the market in anticipation of a recession can be a risky strategy. It’s difficult to predict exactly when a recession will occur, and even if it does happen in 2024, it’s unclear how severe it will be and how long it will last.

For those considering purchasing a home, there are a few factors to take into consideration. While waiting for a potential downturn in the housing market could lead to lower prices, it’s important to remember that interest rates are also expected to rise in the coming years. This could mean that even if housing prices do fall, the cost of borrowing might be higher, negating any potential savings.

Similarly, stock market investors may be tempted to wait for a recession before making any major purchases. However, trying to time the market is notoriously difficult, and it’s often more effective to focus on long-term financial planning rather than trying to make quick decisions based on short-term economic indicators.

Ultimately, the decision of whether to buy now or wait for the 2024 recession is a highly personal one that depends on individual circumstances and financial goals. It’s important to consider factors such as your own risk tolerance, long-term financial plans, and the specifics of the market you’re looking to enter.

For those who are considering major financial purchases or investments, it may be wise to speak with a financial advisor who can help you make informed decisions based on your own unique situation. They can help you understand the potential risks and rewards of waiting for a recession versus taking action now, and guide you in creating a plan that aligns with your overall financial objectives.

In conclusion, the decision of whether to buy now or wait for the 2024 recession is a complex one that depends on a variety of factors. While it’s natural to be wary of economic uncertainty, it’s important to remember that market timing is often a difficult and risky strategy. By focusing on long-term financial planning and seeking expert guidance, individuals can make informed decisions that align with their own financial goals and aspirations.