6/23/2023 0 Comments David greene brrrr book![]() ![]() ![]() While Greene was careful to hedge his statement, saying that unexpected things can happen and that not every market is the same, he said that yes, now is generally a good time to buy, especially with a long-term outlook, and that he doesn't see a crash coming. What do the fundamentals say?ĭavid Greene - the author of multiple real-estate investing strategy books, including "Buy, Rehab, Rent, Refinance, Repeat (The BRRRR book)" - addressed these questions on a recent episode of the BiggerPockets podcast, which he co-hosts. When any asset appreciates so much in such a short period of time, it should rightfully give investors reason for pause.īut a hunch isn't enough reason to buy or not to buy. And with the 2008 housing bubble still fresh in the minds of many, this rapid appreciation gives the appearance that there's heightened risk associated with buying now. With interest rates near the floor and ocean-like liquidity in the economy thanks to stimulus measures, prices have shot up over the last year-plus - the median sales price is up about 20% over the last 12 months, Census Bureau data shows. Real estate expert David Greene breaks down if now is still a good time to buy.The surge has given some prospective buyers pause.Home prices have soared during the pandemic. ![]() Account icon An icon in the shape of a person's head and shoulders. ![]()
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