Finding the perfect time to buy a home is a challenge that requires research and a bit of luck. While timing the purchase perfectly might be desirable, the truth is the right time is a personal decision. As we are in the final quarter of 2022, you might be wondering if this is the right time to buy your dream home.
There are 3 great reasons why you should consider buying that dream home this year.
- A Home is a Great Investment – Real estate remains one of the best investments one can have. Based on hard assets, real estate tends to weather the ups and downs long term better than other investment tools, such as stocks or bonds.
- Mortgage Interest Rates are Rising – Use the extra purchasing power when buying your dream home, and this is a good time to lock in that rate for the next 30 years.
- Hedge Against Inflation – Rental costs continue to rise as the economy heats up and inflation is rising. A fixed 30-year mortgage freezes your housing costs and works as a buffer from inflation, which is impacting the rental market. Owning property is almost always a good investment. If you’ve been thinking about exchanging your current home for your dream house, 2022 could offer the right time to move up.
Contact Susan Siemiontkowski, our REALTOR and New Home Specialist, at 228-239-2621.Tags: Brand New Homes in Gulfport, Custom home builder Gulfport, Gulf Coast Home Builder
This post was written by Acadian Homes