Today we’re talking about a big
question: Should you buy a home now or wait for later? Right now, interest
rates are better than before, around 6% [as of posting of video 10.23.24]. If
you’ve been thinking about buying a home but are holding off, you’re not alone.
Many people are waiting, hoping for the market to change. But let’s think about
this.
Insurance and maintenance costs
are going up, which makes it harder for people to afford a home. And as these
costs rise, home values are climbing too. So, the question is: Should you wait
for things to get better, or should you buy now?
Also, remember that rents are
going up as well. If you wait, you might just end up paying more in rent
without any investment in a home. Some buyers think they should wait and see if
prices go down. But that might not be the best idea. History shows that home
prices usually go up over time, with only a few dips now and then. Waiting for
a big drop might not happen and what will the interest rates be?
Instead of waiting, consider
buying now. By purchasing a home today, you can lock in today’s interest rates,
which could save you money in the long run. Plus, you can secure your spot in
the housing market before prices go up even more. It might feel scary with
rising costs, but acting now can help you manage those challenges. Look at your
finances and explore your options. Working with a real estate and lending professional
can also help you make the best decision for you and your family.
In today’s market, waiting for
the perfect time might not be best choice for you. With home values rising and
affordability concerns growing, delaying your home purchase could put you at a
disadvantage.
So, think about seizing the
opportunity to buy now and secure your future! PLUS we are seeing a lot of opportunities
in the current housing market.
Thanks for watching! For more
tips on buying a home, subscribe to our channel and we would love to work with
you on your home buying journey today!
Brandi Cook + Vikki Crossland
803.645.3325 | info@aikenhomes.com
Meybohm Real Estate
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