It's Showing that Home Prices Will Keep Rising

Are you waiting to move because you think home prices will fall significantly? Here’s what you need to know: homeownership is about the long game. And every day you wait to buy, homes get more expensive. 

Experts project home prices will increase by 3-4% per year over the next 5 years. The good news is, while prices are projected to rise, they won’t go up as drastically as they have over the past few years. 

So, buying now not only lets you lock in today’s prices; it puts you in a position to build equity too.  

Trying to time the market rarely works. If you’re able to buy, but you’re waiting around to see what will happen with prices or mortgage rates, think about this: what’s more important, waiting for the “perfect” moment or getting ahead now? 

#FirstTimeHomebuyer #HousingMarket #KeepingCurrentMatters