Buyers Should Reconsider ‘Timing’ the Market

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Buyers Should Reconsider ‘Timing’ the Market

For the most part, mortgage rates have stabilized — and delaying a purchase could end up backfiring as home prices spike.

in this article from the national association of realtors, the impact, and sensitivity of buyers, of and to changes in mortgage rates is discussed.

My math skills are nothing to write home about, but I know that too many people make the mistake saying “I’ll wait for the market to change”. 

I understand everyone’s situation, everyone’s wants and needs are different, however, excluding any outrageous outside influences, the wait and see attitude fails to consider there are many moving parts to a housing market or housing economy. 

 

 

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