Is Now the Time to Buy?
If you’ve been thinking about purchasing a home this year, you’re probably wondering if you should wait. Today, in Maricopa County alone, there are over 574,621 residents renting, when they can buy and inflation should not be holding them back.
Your ability to purchase depends on your own situation, however, here’s how homeownership can help you combat the rising costs that come with inflation:
- Homeownership Offers Stability and Security - Buying a home allows you to stabilize what’s typically your biggest monthly expense: your housing cost Use Home Price Appreciation to Your Benefit- In inflationary times, it’s especially important to invest your money in an asset that traditionally holds or grows in value. That's why so many investors are in the market buying properties.
- Inventory is increasing due to inflation. If you’re ready to buy a home, it may make sense to move forward with your plans despite rising inflation as now you have more choices and sellers are learning that the market is changing.
If you want advice on your specific situation and how to time your purchase, let’s connect!
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