I often get asked, when is the right time to buy a home? My answer is that like most industries, real estate is cyclical. There are times of the year when the market pace seems faster/slower which impacts supply and demand. However, I also refer to a quirky saying that ‘the best time to buy a home is today, or 5 years ago’.
With the ongoing rise in property values and low interest rates (which won’t last forever), getting into the market sooner rather than later will likely prove to be a wise call. An interesting article from Realtor.com seems to agree! Check it out by clicking the link below: