Ep. 031 - Hot Housing: How to Buy and Sell

Prices are up, inventories are down which means the housing market is hot again. It’s not like the crazy days of 2005, but conditions are a bit frenzied. To prepare for what is likely to be the biggest asset purchase or sale you’ll make in life, we turn to Stephen Gasque, host of Real Estate Today, a weekly radio program presented by the National Association of Realtors.

Whether you’re a first-time buyer or seller, Steven is full of tips to help you navigate the process.

One of the topics we spent some time on is the current inventory crisis and why it’s seemingly harder than ever for potential buyers to get the home they want. Why is the competition among buyers more intense than ever?

Some of the other topics we discussed:

• What are the most common mistakes people make when buying or selling?
• What’s the most important step for a potential buyer?
• How to successfully invest in real estate as a rental property
• The future of mortgage interest deductions
• Renting versus buying

If you’re planning on going to an open house this weekend, give this one a listen for some tips that could increase your odds of landing the house before you walk through the front door.

“Better Off” is sponsored by Betterment.

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