Make sure you have the very latest advice about buy a home because things change fast! Now, there’s no need to wait for spring because of weather. Buy and sell a home, whenever the time is right for your situation. Don’t wait for it to become a buyers market. While you wait, you will be paying higher rent prices too. Just try to find the best deal on a home that will be a good investment in the long run. Find the neighborhood you want to live in first. Then find a house in that neighborhood. With the new home construction slowing down, an older home, that just needs a little work may be a better choice. Make your offer quick and base the price on comparable deals. And finally be ready to think outside the box for what type of house is best for you.
- The advice, oft-given, to wait for spring and its higher inventory can now be ignored.
- Spring house-buying options may be more, but competition is up as well, so waiting is out.
- Waiting for seller prices to deflate is also passe advice, because rents are rising too.
“The problem is that when you’re talking about something as fluid as the housing market, the rules change quickly.”