Jennifer Jones of the Jennifer Jones team discusses the best time to buy a home.
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Transcript:
When is the best time to buy a home?
Many people wonder about the perfect time to buy your next home. Concerns about interest rates being higher than they were a couple of years ago, and whether home prices will come down are perfectly natural, but the truth is over the last 25 years us home prices have appreciated at an average annual rate of around 4%. And while interest rates are a little higher than the historical low interest rates we saw a couple years ago, today’s rates are still below the 50-year average, and refinancing is always an option later if rates go down. Here’s the reality: the perfect time to buy is when you and a skilled agent work together to find the home that’s right for you. Price, location, and your dreams included!