Get Rich Education

#153: Where are real estate prices headed? I discuss this with Kathy Fettke of The Real Wealth Network. Demand still exceeds supply in many places.

But in coastal areas, affordability problems could be a constraint on future appreciation.

The latest Case-Shiller 20-City Index shows 5.7% year-over-year housing price growth. Though this is surely an imperfect metric, it is a historically sustainable growth rate. It is also supported with responsible lending.

Kathy & I have each invested through the 2008-2009 Mortgage Meltdown and Great Recession. We discuss how that shapes our investor behavior.

I also discuss how natural disasters like hurricanes can pummel those that have a lot of equity in their properties.

I bring you today’s show from Punta Gorda, Belize.

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Listen to this week’s show and learn:

01:05  Hurricanes: how to protect your real estate.

05:33  When a loan is made, the borrower is in more control than the lender.

10:14  Supply vs. Demand.

12:56  Builders aren’t building the most in-demand housing types.

13:20  Housing Affordability Index (HAI).

16:07  30-40% of the USA is overpriced. 60%+ is not.

18:28  Annual price appreciation is 5.7% per the latest Case-Shiller numbers.

20:05  Recency bias.

25:25  Holding Kathy & I accountable for what we said 19 months ago. The Fed, Trump.

31:25  Higher interest rates? Apartment buildings will be riskier than single family homes.

34:55  Best places for real estate investors today.

38:32  Texas.

41:02  More renters and fewer buyers mean that new RE investors are needed.

44:17  Trump will protect the mortgage interest deduction and 1031 Exchange.

Resources Mentioned:

RealWealthNetwork.com

RidgeLendingGroup.com

NoradaRealEstate.com

GetRichEducation.com

GREturnkey.com

Direct download: GREepisode153.mp3
Category:general -- posted at: 6:23am EDT