Is it a good time to buy a house?

The short answer is YES - it is a great time to buy.

I know what you’re thinking. With the high interest rates, high property values, and a struggling economy - who would buy right now?

YOU should buy right now. Let’s break it down in 3 easy-to-digest steps.

1) Competition

Millions of Buyers stepped on the breaks when interest rate began to rise. Do follow that trend! Although you were competing with all of them last year, you no longer are! It’s now easier to get you offer accepted simply because of the lack of Buyers in the market.

2) Interest Rates Don’t Matter

Yes, really. Picture it like this:

If interest rates continue to rise, you will be happy you bought when you did! If interest rates drop you, can refinance and get a lower rate. It’s a win-win!

3) Creative Offers

Some sellers are getting very desperate. With the lack of Buyers currently in the market, many homes remain unsold after months of being on the market. This opens the door to creative offers such as the seller covering closing costs or a discount on the purchase price!

Like I said before, it’s a great time for you to buy. If you want to learn how to live in a property for FREE check out the next blog post here.