Thinking About Buying a Home? Here's Why Now Might Be the Right Time! 🏡📉
Mortgage rates are higher than they’ve been, but that means less competition and better deals on homes. Waiting for rates to drop could actually cost you more in the long run! Here's why:
👉 Today's Opportunity: Home prices are expected to rise next year. Buying now, even with slightly higher rates, means you'll benefit from appreciation (an example showed a $23,000 net gain in 12 months on a $700,000 home!).
👉 "Marry the Home, Date the Rate": You can always refinance later when rates drop, but locking in today’s price could save you big on rising home values.
👉 Less Competition: Higher rates mean fewer buyers in the market, giving you an edge to negotiate better deals.
Comments