3 ms·
If I were looking at buying in the next 0-36 months, I would wait at least 6 months. It’s entirely possible that economic conditions continue to slide, interest
by axg11 4y ago
If I were looking at buying in the next 0-36 months, I would wait at least 6 months. It’s entirely possible that economic conditions continue to slide, interest rates get to 7%+ and a deep recession reduces housing demand. The opposite of all these things could also be true.
If conditions improve faster than expected, you can always quickly enter the housing search/market. Housing isn’t like most other markets that can move 20% in a day. You should be able to wait 6-12 months and closely follow the consensus on interest rates and housing market sentiment.