I get this question all the time. When is the best time to buy real estate? And I always say, whenever you are financially ready. But do not wait. Waiting can always lead to missed opportunities. Here are top three reasons why you should not wait.
- Price increases – delaying your purchase means you’re going to pay more later.
- Increased competition – the more you wait, the more buyers are going to be on the market, so you will be in a bidding war, so you may miss out on your dream house.
- Lower inventory – waiting means there’s going to be fewer homes to choose from
So if you are financially prepared, it is wise to act sooner than later.
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Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379