Homebuyers: Is it the right time to buy?
Are you on the fence as to whether or not it's the right time for you to buy a home? Watch the video below for some insight on today's market and why the spring buying season could be the right time for you.
Key points to take note of:
- Interest rates are rock bottom - they'll likely start to rise next year so there is a currently a window of low rates for those looking to enter the market.
- Home prices - still 20-30% below their peak in many cities.
- Rents are on the rise - another good reason for real buyers to stop paying rent and get into their own home.