Don't wait too long to buy a home... if you like a good deal! Prices are right - NOW, rates are low, and there are plenty of homes on the market, but no one knows when this will change. If you're playing the waiting game, consider the possibility that you might be disappointed when the market heats up again. (And it will!) Take advantage of today's opportunities.
Sellers are pricing their homes to compete, since there are more homes for sale than there are buyers. When the economy improves and more people begin to look for homes, prices will rise again. Take advantage of today's market. You'll be glad you did!
When there was an economic and housing downturn in the 1990s, those who purchased homes during that time came out on top because the economy recovered and housing prices picked up.
Waiting for prices in the housing market to "hit bottom" may not be the smartest strategy. Most people only know when a market has reached the bottom by "seeing the trend in the rear-view mirror." Waiting for the absolute lowest prices before buying a home puts you at risk of missing the signals, then finding yourself paying higher prices because the market's in an upswing
No comments:
Post a Comment