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About this episode:
In this episode, Thach discusses the current state of the real estate market and why he believes home prices will skyrocket this year. He shares insights from his real-time multiple listing service and investor friends across the United States. Thach also talks about the ten-year cycle of the market and the impact of falling interest rates. He emphasizes the importance of buying now before prices continue to rise and inventory remains tight. Don't miss this episode if you're considering investing in real estate.
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Thach Nguyen has come a long way since arriving in America at age 4 with his parents, four brothers, and sister in 1975. Focus, drive, determination, and great mentors paved the way for him to go from a homeless refugee to a multi-millionaire.

Thach is the CEO & Founder of Thach Real Estate Group and principal of Springboard to Wealth. He is not only a seasoned realtor, investor, coach, author, and speaker, but also a proud ambassador of the American Dream. During his 30 years in the real estate industry, he has built more than 300 homes, townhouses, multifamily units and completed over 100 flips, and owns over 100 rental properties giving him over $100,000 a month in passive income. Thach and his team have assisted more than 1,500 families to create their own American Dream of home ownership, ranking him in the Top 1% of all real estate professionals nationwide.

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Timestamps:
0:00:00 Thach predicts that home prices will skyrocket in the spring.
0:00:30 Thach discusses his sources of information on the real estate market.
0:01:27 Thach introduces the concept of a clock to represent the real estate market cycle.
0:03:33 Thach predicts that as interest rates continue to drop
0:04:59 Thach advises viewers to buy now and take advantage of lower interest rates
0:06:21 Thach discusses the ten-year cycle of the real estate market
0:08:35 Thach explains the shortage of inventory in the housing market
0:09:54 Thach discusses the decline in new construction and the effects of COVID-19 on the housing market.
0:11:08 People are waiting for interest rates to drop before buying a house.
0:12:33 The housing market is bottlenecked due to a lack of available homes.
0:14:20 If interest rates drop by 1-2%, there will be a bidding war chaos.
0:15:47 Inflation is dropping, and interest rates are expected to continue dropping.
0:17:42 It's a good time to buy real estate for investors.
0:18:13 Buying at least one property every year will change your life.
0:19:33 Buy when no one else is buying to get the best deal.
0:20:21 Conclusion and call to action.