Is It a good time to buy a Home?

A man holds an alarm clock over the house and money. Limited offer. Rental business. Favorable terms and conditions, low interest rate. The right time on the real estate market to purchase a home.

Is it a good time to buy?

An Article posted by Florida Realtors, reports that a Fannie Mae study found that just 17%, up from 14% last monty, feel its a good time to buy. Hardly numbers to excite anyone looking to sell, but it is a positive nonetheless.
I think we'll have to see 2 or 3 consecutive drops in Interest Rates before we see Consumer Confidence rise above 50% on this topic.
The other side of this equation are prices. How much will rate decreases effect prices and supply. I think the spike we saw during Covid has concerned buyers, including investors, and I think prices are will need to slow their growth or we'll continue to see few homes selling.

The 3d words Great Time to Buy, a message to potential consumers that now is the moment to make a purchase

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