Should I Buy A House Now Or Wait For A Recession?
Should You Take The Leap And Buy A House In 2022 Or Wait For A Recession?
Will home prices fall this year? If you're thinking of pressing pause on your home buying plans in hopes that you’ll get a better deal if you hold off for a bit? Experts are actually saying prices will continue rising, meaning it will cost more if you wait. Here’s a look at where home prices are projected to head.
What you’re looking at here are the latest home price forecasts from seven industry leaders. Each bar shows how much these experts project home values will appreciate this year. When we look at them all together, the dotted line shows the average rate of appreciation is about eight-point-nine percent.
The big takeaway here is none of them are calling for a decline in prices – there simply aren’t enough homes on the market for that to happen. Instead, prices will keep climbing, just at a more moderate pace than what we’ve seen over the past two years.
If you’re ready to make a move, I recommend you grab a free copy of my buyer's guide. It'll give you the info you need to get started. Then, stay in the game & keep a pulse on our local market in the areas you'd like to buy, so you can make the best decision possible when it comes to buying a home.
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I am a full-time, full-service REALTOR-ASSOCIATE® in Honolulu, Hawaii with eXp Realty. I am a Native Hawaiian born and raised on the island of Oahu, a 3rd Generation Real Estate Investor, a self-professed digital marketer, and a bona fide seafood lover. My husband and I have 5 🖐 great kids who will soon be out of the house.😁 🥂
Sarah O. is my assistant who takes care of the details for me. She frees up a lot of my time so that I can serve my clients well.
We are so grateful to all of you, our subscribers, thanks for watching our goofy videos and we sure hope you learn a few things here.
Disclaimers/ Credits:
At the time of this production, Tanya Ahina is a REALTOR-ASSOCIATE® with eXp Realty and this recorded information was deemed reliable; however, always seek advice from a licensed professional.
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