👍 Why Now Is the Best Time to Buy a Home—Even If the Market Feels Tough
👍 Why Now Is the Best Time to Buy a Home—Even If the Market Feels Tough If you're waiting for the "perfect" time to buy a home—perfect rate, perfect credit, perfect price—you might be setting yourself up to miss the real opportunity. The truth is, waiting could cost you more than acting now, even in a market that feels uncertain. Let’s break it down. The Cost of Waiting Is Real - 💸💸 A lot of would-be buyers are sitting on the sidelines hoping interest rates will drop or housing prices will correct. But while you're waiting, home values are still creeping up—and so are rents. The longer you wait, the more you'll likely pay later. Here’s what waiting could cost: Home price increases: Even modest appreciation (say 4–5% annually) adds thousands to the cost of the same home a year from now. Higher down payments: A more expensive home means a higher down payment, stretching your budget even further. Lost equity: Owning a home means building equity ...