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Should You Buy A Home In 2023 (Or Wait For A Crash)

Should you buy a house in 2023, or should you wait for a housing market crash? ⮕ 🚀 Get up to 12 free stocks (when you deposit $0.01): https://a.webull.com/i/KarsonGaule Let's be friends: ⮕ 📷 Instagram:   / karsongaule   ⮕🐦 Twitter:   / karsongaule   ⮕ 📩 Business inquires: [email protected] Freebies: ⮕ 🚀 Get up to 12 free stocks (when you deposit $0.01): https://a.webull.com/i/KarsonGaule 2 years ago I bought my first home in the suburbs of Dallas Texas, at the age of 22. I bought at a time when house prices were far cheaper than where they’re at now and when mortgage rates were practically at all-time lows. It’s fair to say that I got extremely lucky. And it crossed my mind recently, that if I had instead waited until now in 2023 to buy my first home, there would have been no way I would have been able to afford it. It’s crazy, I bought my house in 2021 for $285,000, and I had a housing payment at the time of $1,750 per month. Now guess how much it would have cost me If I were to have bought my house today? Close to $350,000, and I would have a housing payment of…not $2,000, not $2,500, but $3,000 per month. And you know what, even if I had the money to afford to buy a house in today’s market, I would honestly be a little hesitant to pull the trigger since the outlook of the real estate market in 2023 isn’t looking too great for us. I feel like we’re all in this similar boat of trying to figure out whether buying a house in 2023 is a good idea, or whether we should just hold out until 2024 in the hopes that the real estate market improves. Topics Covered: Housing market 2023, real estate, interest rates, housing crisis, is the housing market going to crash in 2023, real estate investing, real estate bubble, housing market 2023 forecast, should i buy a home in 2023, and personal finance. DISCLAIMER: Some of the links on this page are affiliate links. I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one. Everything in this video is of my own opinion and could be wrong. I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.