Since we know the dollar is going to collapse what would you tell your parents to put their money in? I can’t convince them to buy GME or PMs.
Housing is in a bubble. So that’s not a good investment right now. Obviously when the precipice is over Trump will fix everything and people will get their value back in their federal reserve notes. But just something temporary for them to invest in so they don’t lose their minds when the crash comes.
In my area there are less sellers because nobody wants to go from 3% to 7%. There are also less buyers for less house's. Currently I would say it's neither a seller or buyer market, where we have been in a strong sellers market for years. The price of homes is down 20K or more from last year. Go out and try to low ball sellers that have been on the market over 90 days. If they need to sell they will. The longer this goes on the more of a buyers market it will become. This is advice for people buying cash. If your buying with a loan and can low ball, you might come out ok, especially if you can refinance to a lower rate in a couple years.
Thank you for the info.
My pleasure friend