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Everyday Wealth

Season 2 Episode 32: Is it a good time to buy a house?

Everyday Wealth

Jean Chatzky

Investing, Business, Education

2935 Ratings

🗓️ 14 August 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

With a rapidly changing housing market and soaring mortgage rates, many people are questioning if now is the right time to buy. In this episode of Edelman Financial Engines’ Everyday Wealth™, Jean and wealth planner Isabel Barrow explore that question by dissecting today’s housing climate and weighing in on the factors you need to consider before buying a home. Then, they talk to Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors, about new and existing home sales, home builder trends and predictions for the second half of the year.

Ms. Chatzky receives cash compensation for acting as host of the Everyday Wealth radio show and podcast and for related activities and therefore has an incentive to endorse Edelman Financial Engines and its planners. That compensation is a fixed sum paid on an annual basis; and reimbursement for certain expenses. The amount paid each year does not vary, is not based on show content or any results-dependent factors (e.g., popularity of the show).

This show is pre-recorded, and any callers are prescreened.

The views and opinions expressed by Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors are solely her own and may not reflect the views or opinions of EFE or its planners.

The information being provided is for informational and educational purposes only and should not be construed as investment advice. Although some of the statistical and market information has been gathered from sources believed to be reliable, we do not guarantee its accuracy or completeness. You should consult with a financial advisor to help determine the best options for your particular circumstances.

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

The views expressed on this program are not necessarily the views of this station.

0:03.0

Content is for educational purposes only.

0:05.0

Consult a financial advisor or conduct your own due diligence if investing.

0:08.0

The show is pre-recorded.

0:09.0

Everyday Wealth is produced and created by Edelman Financial Engines and hosted by Jean Chatsky.

0:12.0

Ms Chatsky.

0:12.6

Miss Chatsky is not an employee or client of the firm.

0:14.8

She receives fixed cash compensation as host and for related activities and therefore has an incentive

0:19.2

to endorse Edelman Financial Engines and its planners.

0:21.2

For additional information, please see W. Edelman Financial Engines. its planners. For additional information, please see

0:22.5

W.W.

0:23.4

Edelman Financial Engines.com slash Everyday Wealth.

0:25.6

The 2022 top 100 independent advisory firm ranking issued by Barron's

0:29.0

is qualitative and quantitative, including assets managed by the firm,

0:31.8

technology spending, staff diversity, succession

0:33.8

planning, and other metrics.

0:35.1

Firms elect to participate but do not pay to be included in the ranking.

0:37.9

Compensation is paid for use and distribution of rating.

0:39.8

Awarded September 2022 based on data within a 12-month period.

0:42.5

Investor experience and returns are not considered.

0:45.2

At the intersection of life and money,

0:48.2

this is Edelman Financial Engine's everyday wealth,

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