How to decide if you should try to time the market for a cheaper price.
Are you waiting for prices to drop significantly before you buy a house? That is a common mentality nowadays, especially with interest rates as high as they are. No one can say exactly what will happen in the future, but many are hoping that values will crash so they can swoop in and buy properties for low prices. Should you wait to buy a house? Is it worth the risk?
Some industry experts say the fluctuation in prices depends on the needs and goals of the particular area. A J.P. Morgan 2022 analysis of 116 metropolitan areas predicts housing prices to go in three general directions over the next couple of years. Some areas are predicted to drop 20% to 30%, some 10% to…
57 Views, 0 Comments