It can be easy for buyers to fall into the trap of trying to time the market.
But unless you have a crystal ball, timing the housing market just isn’t possible because there are too many variables and unknowns.
So what are you supposed to do as a buyer if you can’t time the market? How do you know when the right time to buy is?
You focus on yourself and what kind of timing works for your unique situation rather than the market.
Here are a few things to consider while you’re trying to decide if now is the right time for you to buy a home:
– Whether or not you’re ready to live in one place for the next 3-5+ years
– What your finances look like–think your savings, credit score, and debt levels
– Your responsibility level and if you’re ready to manage a property
