Wednesday, August 31, 2022 / by Shane Kilby
Why now is still a good time to buy a home despite our shifting market.
Should you buy a home in this market? It is indeed shifting away from the intense one we’ve seen these past two years, but that doesn’t mean it’s a bad time to purchase your dream house.
We don’t expect prices to go down in the next few years. At 0:44, you can see a graph showing the results of the home price expectations survey. As part of this survey, over 100 housing experts are asked every quarter about where they see home values going. Their current forecast predicts just over 9% appreciation this year and healthy price growth for the next four years.
You can confidently buy knowing that experts are predicting ongoing appreciation. Once you purchase a home, that price growth helps you build equity quicker. If you’ve been putting off your home search or sitting on the sidelines, now might be the time to get into the market.
My team and I would love to have a no-strings-attached conversation about if it’s the right time for you to buy. We’d love to help you with any questions you might have. Just call or email us.