To Buy Now or Wait? The Choice Is Yours

Whether or not it’s a good time to buy a home in today’s market.

To buy or not to buy? That’s the question I’ll be answering for you today. There’s lots of noise out in the market right now. Agents and lenders on social media are saying the market’s great, that there’s tons of opportunity, and to go ahead and buy now. 

However, the decision of whether or not to buy is up to the individual’s circumstances. You could buy anything for the last five years and it was a great decision, but the market has changed. Now, you must buy smart. You have to know that there’s value in the home, buy where you want to be and where there’s good appreciation, etc.

My wife and I bought a home in May. Did we pay a high price for the house? Absolutely. Did we get a low interest rate? Not so much. Are we happy with the purchase? Yes, we are. Is the house worth more today, even though the market has slowed? Yes, it is. We put some sweat equity into it and remodeled it so we could make money off the house in the future.

"Buy smart, and you’ll be happy."

If you have any friends or family thinking about buying a home, here’s what I recommend: Make sure they have a professional agent who knows exactly what they’re doing and be sure to have a trustworthy lender. Those two people will ensure they have the information needed to make a smart decision. 

There are opportunities in the market. There always are when there's uncertainty in the world and the stock market. I see the opportunities where the buyers might not. You can make mistakes and overpay or buy on the wrong street.

So to buy or not to buy is truly an individual decision. As a buyer, you must work harder to ensure you’re making the right decision. Buy smart, and you’ll be happy. If you have any questions, don’t hesitate to reach out, I’d love to help!