avatar

Navigating the Turbulent Housing Market in 2023 & 2024

The SatsMate Stack
The SatsMate Stack
Episode • Oct 22, 2023 • 8m

Hi Everyone,

In today's economy, we are seeing neck-snapping interest rates, and low inventory making it one of the most unaffordable housing markets to date.

I'm currently going through the process of buying a home and wanted to share some insights on what I am doing to optimize my position.

Some important points in the podcast are as follows:

1) 20% Down - In the long run paying less per the amortization table
2) 20-30% of after-tax income - ensuring you can comfortably afford payments
3) Don't buy emotionally - life events may make it so we fall into the hype
4) Shop rates at 3-5 different banks
5) Xillion app - https://xillionapp.com/ - Helps compare rent vs buy
6) Get your credit up
7) Reach out to your peers

Support the Channel Here:

Bitcoin Buys: https://invite.strike.me/2MSTYG

Bitcoin Address: bc1q7mahtup2zwnshwjppc5rqxcn0ydg5k5h4j3npth6vtxjdum2c2eqvx53ck

Send us a text

Support the show

Youtube: SatsMate
X: SatsMate
Instagram: SatsMates
website: https://satsmate.wordpress.com/

Switch to the Fountain App