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market conditions

Buy Now, or Wait?

September 27, 2024
market conditions

Buy Now, or Wait?

September 27, 2024
Homenewsmarket conditions
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Homenewsmarket conditions
Post

Buy Now, or Wait?

In this Article...

If you're contemplating whether to buy a home now or wait, here's what you need to consider. Waiting for mortgage rates to drop further may lead to increased competition and higher home prices as more buyers enter the market. On the other hand, purchasing now allows you to get ahead and start building equity sooner. For personalized advice tailored to the Savannah area, connect with EBRSavannah, an agency dedicated exclusively to home buyers.

Buy Now, or Wait?

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Some Highlights

  • If you’re wondering if you should buy now or wait, here’s what you need to know.
  • If you wait for rates to drop more, you’ll have to deal with more competition and higher prices as additional buyers jump back in. But if you buy now, you’d get ahead of that and have the chance to start building equity.
  • Should you buy now or wait? Connect with a real estate agent and talk through it together, so you can make your best decision.
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