RSS

The Hidden Cost of Waiting to Buy

The Hidden Cost of Waiting to Buy

A lot of buyers are waiting for the “perfect” time to purchase a home. The challenge is that perfect timing is usually only obvious in hindsight.

Right now, inventory is higher than we’ve seen in years, giving buyers more choice and more negotiating power. Interest rates have remained relatively stable, and sellers are often more willing to work with serious buyers than they were during the frenzy of previous markets.

Could prices go down? Maybe. Could they go up? Maybe. But finding the right home, in the right location, at a payment you’re comfortable with is often more important than trying to predict the market perfectly.

If you’re thinking about buying and wondering whether now makes sense for your situation, I’d be happy to chat and help you explore your options.

Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.