Hom
Home Buying
Topic
N/A
Accuracy
Recent Predictions
Incorrect: 1
Pending: 22
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Buying a home when interest rates are high, especially with a discount on the purchase price, can be advantageous if rates subsequently drop, allowing for refinancing.
"So it's almost good to buy it when interest rates are high, if you can get the house on discount and..."
Dec 13, 2025
Correct
A strong prediction that buying their current house was a 'really stupid thing to do' given their financial situation and the market conditions.
"This was a really stupid thing to do, guys."
Nov 10, 2025
Pending
A strong prediction that the decision to purchase their current home was a 'really stupid thing to do'.
"This was a really stupid thing to do, guys."
Nov 10, 2025
Incorrect
For home purchases, it is advisable to plan on keeping the property for at least 10 years and to undertake cosmetic repairs personally.
"don't be afraid of doing some cosmetic repairs yourself to make it your perfect home and only purcha..."
Feb 12, 2025
Pending
It is advisable to purchase a home with the intention of keeping it for a minimum of 10 years.
"only purchase something that you plan to keep at least 10 years"
Feb 12, 2025
Pending
Buyers will need to accept homes with minor imperfections, such as outdated kitchens or bathrooms, due to limited choices.
"buyers will have to overlook small flaws things like an outdated kitchen or bathroom"
Dec 19, 2023
Pending
With limited choices, buyers will need to be prepared to overlook minor imperfections in homes, such as outdated kitchens or bathrooms.
"buyers will have to overlook small flaws things like an outdated kitchen or bathroom"
Dec 19, 2023
Pending
The speaker recommends delaying home purchases until their mid-40s to build a sufficient liquid corpus for financial freedom.
"I would not purchase a house until I hit mid 4s because that much time is necessary to build a liqui..."
Oct 20, 2023
Pending
Demand in the real estate market may no longer be exceeding supply, potentially giving buyers leverage to negotiate discounts on properties.
"a barclays analyst even said that a read of agent responses suggest that demand may no longer be exc..."
Jul 13, 2022
Pending
28% of rushed home buyers found their mortgage payments to be excessively high.
"28% said that their mortgage payment was too high."
May 16, 2022
Pending
40% of rushed home buyers were overwhelmed by property maintenance needs.
"40% were overwhelmed by the amount of maintenance the property required."
May 16, 2022
Pending
The majority of adults who regret buying a home failed to conduct proper financial calculations beforehand.
"I would go on a limb to say that almost everybody who regrets their home purchase, which turns out t..."
May 16, 2022
Pending
24% of rushed home buyers were concerned their purchase was a poor investment and overpriced.
"24% worried that their home was a bad investment and was too expensive."
May 16, 2022
Pending
39% of rushed home buyers experienced increased commute times due to location, and 25% bought in undesirable areas.
"39% said that the location increased their commute time and 25% bought in a bad area"
May 16, 2022
Pending
The total monthly cost of homeownership, including taxes, insurance, and repairs, can quickly reach $2,500.
"you could very quickly be approaching $2,500 when you account for property taxes, insurance, repairs..."
May 16, 2022
Pending
The combined transaction costs of buying and selling a home can amount to 4-7% of the property's value.
"the transaction cost of buying and selling a house. ... this could often be a very expensive process..."
May 16, 2022
Pending
The cost of selling a home typically ranges from 4% to 6% of its value.
"selling a home could easily cost you another 4 to 6% of the home's value from start to finish."
May 16, 2022
Pending
To break even on a home purchase, one must sell it for at least 7% more than the purchase price.
"just to break even on the purchase, you're going to have to sell your home 7% higher than what you p..."
May 16, 2022
Pending
Future home appreciation is not guaranteed, and the market could weaken despite current low inventory and high demand.
"the future of home appreciation is not guaranteed. And even though things look good with low invento..."
May 16, 2022
Pending
It is recommended to plan on keeping a home for at least 5 to 7 years.
"you shouldn't be buying a home unless you plan to keep it at least 5 to 7 years."
May 16, 2022
Pending
The break-even point for most homeowners is estimated to be between 5 and 7 years.
"the break even point for most homeowners is probably going to be somewhere between 5 and 7 years."
May 16, 2022
Pending
Homebuyers should maintain a cash reserve of 3 to 6 months of home expenses.
"you shouldn't buy a home if you don't have at least 3 to 6 months of your home's expenses saved up i..."
May 16, 2022
Pending
It is advised not to buy a home in 2022 unless prepared for potential issues, as two-thirds of homeowners regret their purchase.
"Should you or should you not buy a home in 2022? And today, I'll confidently take the stance that no..."
May 16, 2022
Pending
32% of rushed home buyers found their home to be too small or lacking essential features.
"32% said that the home turned out to be too small or lacked important features."
May 16, 2022
Pending