Many are waiting for the market to cool down. You must seriously weigh the cost of waiting in this season. The cost of waiting to purchase a home can cost you even more if you are in the market to buy a home. You need to be or have a good friend as an analyst or follow the market trend, economy and wall street. There are so many ways this can hurt especially a first time home buyer, each buyer evaluation scenario is different. Gas prices are going up, food prices are high and many services are charging an additional markup cost and not making sense when the same work is being performed. Click link for my free e-book on navigating the buying process https://kevinstrawter.book.live/buyer-book
Making a decision of such, you need to count up the cost and look at the trendy market overall and use your inner instinct to make the best decision. In my professional opinion this is the best move to buy now because it will take at least three years to heal from the current housing market recovery in 2022. As many know, the monthly rental market prices are outrageous and price gauging. Seriously forcing many to combine income and live together. Nowadays monthly rental rates are just as high as a monthly mortgage payment.
As the FED's has plans to hike the interest rates at least three time's in the year 2022, many families that are currently renting are rapidly trying to get in position to make a home purchase with no relief in sight. Ensure that you start ASAP to clean up your credit report. Again if you have a made up mind and serious about purchasing a home the time is now. The economy salaries for the workforce need to catch up with today's market for us to survive. Trust your local home advisor Kevin Strawter at 850 496-6412 or email kevinstrawter@gmail.com to steer you in the right direction. Serving Dr Phillips and Central Florida. Click here to know more about Kevin Strawter /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html