10/28/2024
1. Should I hold out for even lower mortgage rates?
You could wait for rates to keep coming down, but a lot of other people will, too. Waiting means youโll have to compete with other buyers to find your next home, and higher prices. Plus, a further drop in mortgage rates could bring a surge of demand that makes it tougher to actually buy a house.
2. Is it better to wait until after the election?
History shows home prices typically go up the year after a Presidential election. So, moving now may be a better bet.
3. Do I plan to live there for a while?
Buying a home can be a great long-term investment. If you want to put down roots, buying now allows you to start building equity.
DYK? The average homeowner gained about $25,000 in equity over the past year! ๐ฐ
Looking for that perfect porch swing and ocean breeze? Iโve got just the spot - letโs chat! ๐ฒ