Weighing the market and if it makes sense to wait to buy a home.
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There’s one question on buyers’ minds right now: “Does it make sense to purchase a home, or should I wait?” There are plenty of reasons why someone might want to wait to buy right now, like higher interest rates and low inventory. However, I still believe there are fantastic opportunities in this market if you just know where to look.
You can listen to my full explanation in the video above or skip to each topic using the timestamps provided:
0:00 — Introduction
0:48 — Interest rates are higher
1:46 — Low inventory is affecting buyers
2:45 — If rates increase, demand and prices will fall
3:30 — What could cause prices to increase?
4:08 — Hold off at your own risk
4:51 — Wrapping things up
If you have questions about this topic or anything else, please call or email me. I am always willing to help!