This is a question that is asked by everyone I meet, wherever I go. The current market environment has everyone guessing whether now is the right time to buy...
I've noticed an increase of pressure for home buyers in the last year or so telling them that now is a good time to buy real estate. Is this message universal for everyone?
Here are some of the frustrations current buyers face when pressured by pushy Realtors: Do you know my situation? Do you know how much money I have in the bank? Do you know how long I plan to be in this house? What if I can’t find the right house in the right neighborhood for what I feel is the right price? What if I think I may lose my job, have no savings, or plan to move in 6 months anyway? Is it still a good time to buy?
Here are my thoughts ... First look at your individual situation and focus on the key drivers: affordability, location, mortgage rates, housing prices and market conditions. Secondly, entrust a Realtor that can easily breakdown the complexity involved in Real Estate. Thirdly, if you feel comfortable with your financial situation and find a house that you love and that you can afford, then go for it!
I’m obviously an advocate of homeownership, or else I wouldn’t do what I do! However real estate is individual, not national.
If you need a step in the right direction and would like to determine a balanced plan of action, feel free to contact me at 416.602.9909.
Until next time, happy house hunting!
I've noticed an increase of pressure for home buyers in the last year or so telling them that now is a good time to buy real estate. Is this message universal for everyone?
Here are some of the frustrations current buyers face when pressured by pushy Realtors: Do you know my situation? Do you know how much money I have in the bank? Do you know how long I plan to be in this house? What if I can’t find the right house in the right neighborhood for what I feel is the right price? What if I think I may lose my job, have no savings, or plan to move in 6 months anyway? Is it still a good time to buy?
Here are my thoughts ... First look at your individual situation and focus on the key drivers: affordability, location, mortgage rates, housing prices and market conditions. Secondly, entrust a Realtor that can easily breakdown the complexity involved in Real Estate. Thirdly, if you feel comfortable with your financial situation and find a house that you love and that you can afford, then go for it!
I’m obviously an advocate of homeownership, or else I wouldn’t do what I do! However real estate is individual, not national.
If you need a step in the right direction and would like to determine a balanced plan of action, feel free to contact me at 416.602.9909.
Until next time, happy house hunting!
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