“Is now a good time to buy a house?” I get this question a lot. Many people are in homes with a large chunk of equity, a lower mortgage interest rate than today’s rate, or the home is completely paid off. They are not sure if they should make a move now or wait for a better housing market. The focus should not be on “timing the market”, but rather on “time in the market”. Home prices continue to climb, especially in our area. The sooner you purchase a home, the sooner you start the clock on appreciation and equity. If you are waiting on that dream home, remember the saying: “The best time to buy real estate was yesterday. The second best time is today.”
Right-Sizing Instead of Downsizing: Finding the Perfect Fit for Your Next Home
One of the biggest misconceptions I hear is that after the kids move out or you’re heading into retirement, it automatically means moving into a smaller house. While that’s the right choice for some people, it’s certainly not the right choice for everyone.
