Should You Buy Now or Wait? Here’s What You Need to Know
If you’re on the fence about whether to buy a home now or wait for interest rates to drop, consider this: waiting could mean more competition and higher prices. As rates decrease, more buyers will re-enter the market, driving demand up—and potentially driving home prices higher.
On the other hand, buying now allows you to get ahead of the competition, lock in a property, and start building equity immediately. Yes, rates might be higher today, but you can always refinance later when they drop.
So, should you buy now or wait? Let’s talk through it together and figure out the best option for you!