In today's bargain-hunting culture, it's easy to fall into the trap of thinking you'll get a better deal if you wait. But when it comes to buying or selling a home, waiting for the market to change is not always the best strategy.
For example, a buyer may try and wait for the market to dip because they assume that mortgage rates & prices can only go down. Or vice versa, where a homebuyer will rush to buy a home that isn't ideal because they are worried that mortgage rates & prices will increase.
Looking at the real estate market like this (buy low, sell high), may be good for stocks or luxury goods, but it doesn't translate well into buying a home. When it comes to real estate, buyers or sellers, should instead, focus on what really matters: your own personal living situation and your day-to-day reality. Click on the link below to learn more.
