Is this actually a good time to buy?

Like many questions in Life, the answer is “it depends.” More than anything, it depends on individual factors, but if you’re in the market, consider these factors:

  • Buy now, refinance later – the general consensus is that the high rates will continue to decline
  • Home prices will continue to rise – prices continue to be resilient; maybe they’ll rise in the stronger markets
  • Inventory on the rise – while listings are not nearly at pre-pandemic levels, the trend is definitely upwards
  • Lower competition – higher mortgage rates mean better opportunities for those who remain in the hunt

For some, now may be the prefect time to buy.

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