Should You Buy a Home Now? Experts Predict Prices Will Keep Climbing
You’ve probably heard the saying, "The best time to buy a home was yesterday, but the second-best time is today." And that couldn’t be more true in today’s market. Despite high mortgage rates, home prices continue to trend upward. If you’ve been holding off on buying, hoping for prices to dip, experts warn that waiting may cost you more in the long run. Home Prices Are Still Rising—But at a More Predictable Rate The idea that home prices will suddenly crash is largely unrealistic. According to the latest Home Price Expectations Survey from Fannie Mae, analysts predict steady home price growth through at least 2029. While we’re not seeing the extreme spikes of previous years, home values are still expected to appreciate between 3–4% annually—a more normal and sustainable rate. That’s great news for buyers looking for stability in the market! Visit our website for more information.