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[quote=Anonymous][quote=Anonymous]Hello!

I am in the same boat as a lot of people looking for a house.   After getting divorced it took awhile to get back on my feet financially and I finally got some money saved and started looking for a house right as it was exploding.

I thought that I would wait and let the market cool down and about that time the Pan hit and it went parabolic.

With over a decade of super low rates and huge Fiscal spending topped off with the Federal Reserve's Quantitative Easing programs with Trillions pumped into the economy its no wonder the prices of assets have gone up, but really how you should look at it is, the purchasing power of your money has gone down.    The more the Government and FED prints the less your money is worth, it as simple as that.

I have saved up enough to purchase a house and am waiting on the sidelines to see what the FED is going to do.  So far FED Chair Powell is doing the right thing and keep rates higher for longer and have removed about 1.5 Trillion from the ecommny.   Once we have a recession the FED will reverse course and start easing again and then you have a small window of about 1 to 2 years to go out and deploy your cash to buy a house because after the prices will start going back up again, or you money will start losing value again.

Here is a short video I had make from all the years of studying trying to figure out what the heck was going on, why did all home prices just start going up all at the same time and why we have so much inflation.
https://youtu.be/CqyPd0TifKQ

Good luck everyone looking for a house!  This bubble will burst just like all the other bubbles have.

-John

I will leave you with a short quote:

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless" -Thomas Jefferson

[/quote]

Thank you for a good analysis, John.
My concern is that when the rates are lowered, prices will go up. So if you believe that Fed will start easing again soon, then the best time is to buy now , at the lower price (I can't believe I am using those words LOL) and then re-finance.[/quote]

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