Could Waiting a Year Cost You?
October 3, 2021
Do you have the desire to be a homeowner, or have you outgrown the space you currently own? I understand buying in a peak housing market can be intimidating. Truthfully, the unknown is what hinders most from taking their next steps in purchasing. What will home prices be like in 2022? Where will mortgage rates be by the end of 2022? What I can tell you is the demand for East Tennessee continues to grow. You likely have read or seen on the news that the local job opportunity growth as well as desirable taxes, alluring activities, and four distinct seasons has buyers relocating by the masses. Considering all of these known factors – waiting WILL cost you. Simple supply demand will drive that conversation every time without weighing in material cost, pandemic labor shortages, and the many more hurdles the housing market faces. Bottom line, if you want to buy a home for the financial benefits as well as your comfort needs. Go talk to real estate professional now! Every minute wasted is money you could be putting into yourself through home-ownership.