Is now a good time to buy a house?
Hi everyone! Todays blog is gonna be very quick and concise.
Is now a good time to buy a house? I receive this question almost everyday and as of lately my answer has been the same. Yes, it is.
Technically speaking the cost to borrow money from the bank is suuuuuuuuper affordable. Low interest rates is a good sign and there are quite a bit of houses for you to pick and choose from. Trust me, I would know. I am both in Los Angeles real estate & New York City real estate.
Although, the answer is not so black and white as it may seem. Buying a home is a very relative experience. Meaning, it might be a good time to buy a home but maybe not for you. Maybe, the situation might be reversed, its not such a good time to buy a property but you are ready and need to. At the end of the day its not so much if the market is right, it is if you are.