Real Estate Going, Going, Gone? - Naresh Vissa #5622
b'Summary: Real estate is the big question on everyone\\u2019s mind: can you stay in real estate or should you sell? I have real estate expert Naresh Vissa on this episode to talk about this, and we are facing precarious market conditions. However, this doesn\\u2019t mean you shouldn\\u2019t keep your eye on real estate over the next few months. Naresh advises investors to wait until interest rates peak, and look into possibly getting in the market around December/January. Tune in for more advice on navigating the current real estate market. Highlights: -How do you make money with 7% 30 year fixed rate mortgages? -Unless you\\u2019re working in the space, you probably don\\u2019t fully understand the real estate market -Home values are going down -We\\u2019re seeing a 1% decrease per month on home values -The Federal Reserve is raising interest rates; it looks as if they\\u2019re trying to change course and do a soft landing -It\\u2019s not a bad idea to wait another 2-3 months as interest rates peak and then get in around December/January -Look at where declines have been, which places are offering discounts, etc. -As you have fewer buyers, rent prices are continuing to climb Useful Links: Financial Survival Network naresh@nareshvissa.com'