Are you curious to know when you should buy? Spoiler aler: NOW!
People tend to wait for prices to hit rock bottom before they take the leap to buy real estate. People are worried about purchasing a home and have their home depreciate if the home prices continue to decline. If you are planning to stay in the home for a few years, further depreciation does not need to be a huge concern. Most likely you are getting a better deal than those who have purhased before you. The long-term value of your home will in all likelihood rise.
The strategy is not wait and buy, it is buy and wait. You don’t time when to get into the real estate market as much as you time when you exit the market.
Contact me and I’ll be happy to go over the home buying process and cover all the steps in purchasing a home in today’s market.
Contact me if you have any questions
Kim Lee PREC*
Oakwyn Realty Downtown Ltd.