The WORST Time to buy a NEW Home is NOW



I cannot think of a worse time regarding buying a new house or . In my opinion, homebuyers placing security deposits down on dirt lots where the house isn’t going to be completed for months is very risky given specific trends in our housing market.

Meanwhile, mortgage rates are now at their highest levels since April 2020. In today’s housing market update, I share the latest housing market reports with you so you can make your own for 2022, especially for those interested in new homes. I also share an update per Redfin.

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My Bold for 2022:

Compilation of Housing Market Forecast videos:

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To give you a quick update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is 3.70% for the current mortgage rates (at the time of filming this video). This is mixed news if you’re a homebuyer right now or if you’re a homeowner looking to refinance.

Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your that the real estate market and home prices will continue to surge?

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***
Jason Walter, CPA (lic 103885)
Sacramento real estate agent and native
Realty ONE Group Complete (DRE 01923240)
jason@meetjasonwalter.com

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Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the .rmation in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please . a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the .rmation in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any .rmation contained in this video – it is for entertainment purposes only.

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Is now a good time to buy real estate