In such an unusual year, many of you are still trying to figure out if now is the right time to make a move. I’d like to share with you a couple of the sentiments that I’ve been hearing.
- Its likely prices will go up because of inflation. After an unprecedented government stimulus, expect inflation sooner or later. Investing in real estate is a great hedge against that.
- Interest rates are at historic lows — but don’t take that for granted. Requirements and rates will worsen at some point.
- There’s real value in comfort and security right now. What matters more to you: trying to time the bottom of the market, or finding the right home that’ll make you and your family feel comfortable and safe during this time?
- Try to avoid the “wait and see” mentality. Nobody buys at the bottom — and knows it. Focus on quality as your priority: the best deal on the best match that meets your needs for years to come.
If you’d like a more tailored look at how the market is playing out in your desired neighborhood, just contact me today!