Wait or Buy in 2023?

Wait or Buy in 2023?

  • Spencer Hsu
  • 01/20/23


πŸ€” Are you thinking about buying a 🏠 but unsure of whether you should wait or dive in now?

Why? Because demand is temporarily down due to the overall economy and market cooling off, and interest rates are higher for the time being. πŸ“‰

This slowdown presents an opportunity for you to get a property below market value, especially if it's a motivated seller. πŸ’° Keep in mind, it may take months to find the right deal on a house you like, but having negotiation power when you find the property is key. πŸ”‘

Remember, this power shifts back to the seller when interest rates go back down and buyers start to come off the sidelines. πŸ’ͺ Don't worry about timing your purchase perfectly, just make sure you're in a home for a long time.

Follow me for more tips and tricks on real estate and finance. πŸ’‘

#homebuying #realestate #mortgagerates #propertyinvestment #affordablehousing

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