Thinking of buying?
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With our world turned upside down, many potential buyers are debating when to jump into the market. If you need help making this big decision, we’d like to share some insights we’ve heard from our agent network and tips we’ve picked up from recent experiences...
1. Prices will likely go up due to inflation. Even if the federal government doesn’t extend unprecedented stimulus packages, we can expect inflation to set in sooner or later. Investing in real estate is a great hedge against that.
2. Interest rates are at historic lows — but don’t take that for granted. Just like the pendulum of a clock, requirements and rates will swing back at some point, and you don’t want to be left wondering “What if…”
3. There’s real value in comfort and security right now. What matters more: Trying to predict when the market will bottom out, or finding the right home that will make you and your family feel comfortable and safe during this unpredictable time?
4. Avoid the “wait and see” mentality. Let’s face it: Nobody buys at the bottom — and knows it’s the bottom. Make quality your top priority, and you’ll find the best deal on the best home that will meet your needs for years to come.
As always, if you'd like a closer look at how the market is playing out in your neighborhood, just let us know! - Pearl (The Chic) & Kevin (The Geek)
