Buying can help you build equity, but does it make more sense than renting? In this episode of the Mortgage Research Network Podcast, Tim Lucas walks through the costs beyond your mortgage payment, how much equity you build early on, and why your plans for the next few years matter.
For sellers, more buyer negotiating power means adjusting expectations. Tim explains how to price for today’s market, compare offers after concessions and selling costs, and consider your sale and next purchase together.
Plus, does a slower housing market mean a crash is coming? Tim examines insights from economists Lawrence Yun and Daryl Fairweather, explains how lending standards and housing supply differ from the last crisis, and shares his take on leverage and debt.
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Comment below: Are you planning to buy, sell, or keep renting—and what’s driving your decision?
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00:00 — More negotiating power, but can you afford to buy?
00:39 — Buying versus renting: Compare the full cost
03:54 — Tim’s Take: Buy when it fits your life
04:36 — Selling when buyers have more options
07:20 — Tim’s Take: Adjusting seller expectations
07:59 — Why a nationwide housing crash appears unlikely
10:02 — Tim’s Take: Leverage and debt
10:28 — Final takeaways for buyers and sellers
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