In this Article...
If you're grappling with the decision to buy a home now or wait, Charleston-based Realtor Charlotte Lemon offers some key insights. Waiting for mortgage rates to drop could lead to increased competition and higher prices, while buying now allows you to start building equity sooner. To make the best decision, consult with a knowledgeable real estate agent.
Buy Now, or Wait?
Some Highlights
- If you’re wondering if you should buy now or wait, here’s what you need to know.
- If you wait for rates to drop more, you’ll have to deal with more competition and higher prices as additional buyers jump back in. But if you buy now, you’d get ahead of that and have the chance to start building equity.
- Should you buy now or wait? Connect with a real estate agent and talk through it together, so you can make your best decision.