Wednesday, August 19, 2009

Podcast 17: Buying and Owning a Home in Today’s Market

In this episode of the Consumerism Commentary Podcast Tom Dziubek and I discuss home purchasing and ownership with David Crook, editor of the Wall Street Journal Sunday and author of Complete Home Owner’s Guidebook and Complete Real-Estate Investing Guidebook.

Within today’s podcast, David Crook shares his evaluation of today’s real estate market and offers suggestions for buying and managing a home.

To listen, use the player above (Adobe Flash required), download the podcast here, subscribe to the podcast RSS feed, or use the iTunes link. Note: open links in a new window (Ctrl-click or Command-click) to avoid interrupting the podcast.

[00:00] Introduction from Flexo and a reminder about Money Quantum
[00:44] Interview with David Crook
[01:24] Collapse of the real estate bubble and its effect on home buying
[01:41] Borrowing money to finance a house in the current market
[05:59] The emotional aspect of purchasing a house
[08:15] Buying vs. renting
[11:35] Tips for first time home buyers
[14:40] Owning and managing a home in a troubled market
[15:40] — for first time home buyers
[16:20] — for those who have purchased a home in the “early cycle”
[16:42] — for those who have owned a home during the “mid and late cycles”
[19:48] Government assistance for “early cycle” buyers affected by the market
[24:01] End

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Podcast 17: Buying and Owning a Home in Today’s Market



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