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In this new 4-part series, we discuss buying homes in 2024 and the relationship between interest rates and home purchases. As we open the series, we tackle the daunting trifecta of taxes, home prices, and interest rates reshaping today's real estate market.
Our conversation delves deep into the cascading effects of mass migrations and state tax codes, offering you a fresh lens to view the ever-changing landscape of real estate. We peel back the layers of property taxes – a silent yet significant factor in the cost of homeownership – and discuss the strategic moves you can make to combat rising taxes and interest rates. Amidst these revelations, we don't just leave you with the challenges; we arm you with the financial literacy tools necessary to make empowered decisions, sidestepping the scarcity mindset that can cloud judgment.
Finally, prepare to time travel as we chart the history of mortgage interest rates from the eye-watering highs of the '70s to the lows of recent years. We explore how these fluctuations have shaped buyer behavior and the broader implications for the cost of homeownership, including maintenance and lifestyle adjustments. By the end of our exchange, you'll have a treasure trove of insights that we promise will elevate your understanding of the housing market and perhaps even your approach to securing your own slice of the American dream.
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Thanks to our sponsor, S.E.E.D. Planning Group! S.E.E.D. is a fee-only financial planning firm with a fiduciary obligation to put your best interest first. Schedule your free discovery meeting at www.seedpg.com
You can watch all episodes, as well as other great content produced by NQR Media through their YouTube channel at https://youtube.com/@NQRMedia
📧 For more information or to get in touch with us, visit https://www.ditchthesuits.com
👍🏼 You can also follow us on Facebook, Instagram and Twitter at @nqrmedia
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About Your Co-Hosts:
Travis Maus has been in financial services for over fifteen years. He is a Senior Wealth Manager and Chief Executive Officer at S.E.E.D. Planning Group.
Steve Campbell has over a decade of experience in the industry and serves as Chief Brand Officer at S.E.E.D. Planning Group.