They say that timing is everything. For example, Nascar and F1 drivers need perfect timing in order to make a move and pass their competition. An ill-timed attempt can result in falling further behind, or even worse, in a crash that takes you out of the race completely. Well, the housing market has been shaken up in a big way as prices have risen substantially and now higher rates are making things even more unaffordable. That being said, the market is beginning to feel like it’s stalling out and maybe even correcting- though we would be pretty shocked if the current market oddities ended up in something resembling the 2008 crash. But there’s still a lot of uncertainty when it comes to the housing market. If you were making offers last year and missing out consistently, is now the time for you to finally be able to buy? During this episode we talk about timing the housing market, what the current market conditions look like, how you should be thinking about the rent vs buy debate, as well as some practical steps that you should take if you determine that you areready to buy a home.

  • Extra cash – And regardless of where you are on the path to financial independence, we believe in the responsible use of credit cards. It’s smart to utilize the additional benefits that credit cards offer- for instance the 60,000 points that come with the Chase Sapphire Preferred® Card. That’s $750 when you redeem through Chase Ultimate Rewards! (not to mention we think it’s the best travel rewards credit card!) This is no joke- I’ve already done this myself which we discussed on a recent episode after I met the initial spending requirements of $4,000 over 3 months!
  • Newsletter – Don’t forget to sign up for the best personal finance newsletter in all the land! It’s completely free and something we create to help you along your journey to financial freedom. It drops every Tuesday morning and you can always unsubscribe if you don’t dig it!

During this episode we enjoyed an Odelette by Fair Isle Brewing! And please help us to spread the word by letting friends and family know about How To Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

Best friends out!

* Advertiser Disclosure: How to Money has partnered with CardRatings for our coverage of credit card products. How to Money and CardRatings may receive a commission from card issuers.
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