POSTED ON April 6, 2021 BY Matt Thalman
Unless you've been living under a rock, you know that the housing industry is booming. Inventory is low, and prices are high! Over asking is now a standard term and contingency waivers are the only way you win those bidding wars with other buyers. Oh, and not to mention, if you find a house for sale, you better see it the first day it is listed, or you can forget about ever getting a chance because the number of days on the market is essentially zero at this point.
So how can you invest in this market without having to deal with this headache of a situation and risk overpaying for an asset class that historically only goes up 2% year-over-year?
Enter the world of Exchange Traded Funds!
There are several Exchange Traded Funds that you can buy today that will give you access to the businesses that are not only performing well right now but are still drooling at the current prospects that lay in front of them. In particular, the home builders.
Let's be honest, in the current housing market, when you are offering over asking, waiving inspection and appraisal contingencies, losing a number of homes in bidding wars, doesn't building a new home sound very appealing? You get a brand-new product with no issues. You typically get some sort of warranty for a few years. You don't get into bidding wars. You don't have to watch Zillow like it's your job. You don't have to compromise because "this is just what's available."
The home builders know all of this and so do a lot of potential buyers, which is why for the foreseeable future, it...Continue Reading...
Unless you've been living under a rock, you know that the housing industry is booming. Inventory is low, and prices are high! Over asking is now a standard term and contingency waivers are the only way you win those bidding wars with other buyers. Oh, and not to mention, if you find a house for sale, you better see it the first day it is listed, or you can forget about ever getting a chance because the number of days on the market is essentially zero at this point.
So how can you invest in this market without having to deal with this headache of a situation and risk overpaying for an asset class that historically only goes up 2% year-over-year?
Enter the world of Exchange Traded Funds!
There are several Exchange Traded Funds that you can buy today that will give you access to the businesses that are not only performing well right now but are still drooling at the current prospects that lay in front of them. In particular, the home builders.
Let's be honest, in the current housing market, when you are offering over asking, waiving inspection and appraisal contingencies, losing a number of homes in bidding wars, doesn't building a new home sound very appealing? You get a brand-new product with no issues. You typically get some sort of warranty for a few years. You don't get into bidding wars. You don't have to watch Zillow like it's your job. You don't have to compromise because "this is just what's available."
The home builders know all of this and so do a lot of potential buyers, which is why for the foreseeable future, it...Continue Reading...
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