05/01/2026
“I’m going to wait for prices to drop” often sounds reasonable, but it’s not really supported by long-term data.
Historically, real estate values have either increased or held steady in 64 of the past 70 years. The few declines we saw were largely tied to a unique period of unregulated lending practices, conditions that simply don’t exist in today’s market.
For perspective, if you purchased a $200,000 home in 2006 and held it through 2016, you’d still come out ahead; your home would be worth more than you paid, and you would have built significant equity through principal paydown along the way.
Real estate has always been a long-term investment, not a short-term gamble.
And while it’s tempting to wait for 3% interest rates or a major market crash, those conditions aren’t something we can count on happening again anytime soon.
If you’ve been on the fence and want to start a conversation let’s connect!