Y𝗲𝘀, 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗿𝗮𝘁𝗲𝘀 𝗮𝗿𝗲 𝗮 𝗹𝗼𝘁 𝗵𝗶𝗴𝗵𝗲𝗿 𝘁𝗵𝗮𝗻 𝘁𝗵𝗲𝘆 𝘄𝗲𝗿𝗲 𝗮 𝘆𝗲𝗮𝗿 𝗮𝗴𝗼.
But here are a few reasons why now is still a good time to buy a home...
Less competition. That means less bidding wars, and less broken hearts. You have a much better chance of landing the home you want right now.
Prices are stabilizing. We are not seeing the ridiculous over-asking-price offers we did a year ago, but we also aren't seeing home prices drop (generally). If you want to talk more about home prices and if we think they will go down more, reach out to me. I can also connect you to some of the best real estate agents in the area who can help answer this.
You may be able to refinance when rates go down. That means you get your home now at a great price, and lower your payment or rate later. Most economists out there think lower mortgage rates will come back later in 2023.
There are ways to lower your rate now. This one requires a conversation if you want to learn more about your unique situation and what we can do for you.
𝗡𝗼 𝗼𝗻𝗲 𝗹𝗶𝗸𝗲𝘀 𝘁𝗵𝗮𝘁 𝗿𝗮𝘁𝗲𝘀 𝗵𝗮𝘃𝗲 𝗴𝗼𝗻𝗲 𝘂𝗽 𝘁𝗵𝗶𝘀 𝗺𝘂𝗰𝗵 - 𝗯𝘂𝘁 𝗶𝘁 𝘀𝗵𝗼𝘂𝗹𝗱𝗻'𝘁 𝘀𝘁𝗼𝗽 𝘆𝗼𝘂 𝗳𝗿𝗼𝗺 𝗯𝘂𝘆𝗶𝗻𝗴 𝗮 𝗵𝗼𝗺𝗲. 𝗜𝗻 𝗳𝗮𝗰𝘁, 𝗶𝘁 𝗺𝗮𝘆 𝗯𝗲 𝘁𝗵𝗲 𝗿𝗲𝗮𝘀𝗼𝗻 𝘆𝗼𝘂 𝘀𝗵𝗼𝘂𝗹𝗱 𝗯𝗲 𝗯𝘂𝘆𝗶𝗻𝗴 𝗡𝗢𝗪, 𝗮𝘀 𝗺𝘂𝗰𝗵 𝗮𝘀 𝘁𝗵𝗮𝘁 𝗳𝗲𝗲𝗹𝘀 𝗹𝗶𝗸𝗲 𝗶𝘁 𝗰𝗼𝘂𝗹𝗱 𝗻𝗲𝘃𝗲𝗿 𝗯𝗲 𝘁𝗵𝗲 𝗰𝗮𝘀𝗲.
Reach out and let's talk about it more!