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Rent is How High? With Inflation. Should You Buy? Is the Real Estate Market Going to Crash?
I have so many friends paying high rent amounts while they pay their landlord's mortgage and build the landlord's wealth. And so many are waiting to buy because they think there's going to be a market crash. With Inflation SO high, it can be scary if your'e thinking about buying a home. Or even selling a home. I constantly get the same question from prospective buyers, "Should I Buy a House or Not Buy a House? Should I wait? Because we all know, the Real Estate Market Going to Crash, right?"
I've been in the Real Estate industry since 1993 and I can clearly see the signs that there's NO market crash looming. Today's market is NOT the same as it was during the "big" crash. BUT...the market IS shifting. It's actually a little more normal compared to the previous 10 years or so. Actually, I've been here before so it's very familiar. Homes WILL sell but they may take a little longer. If your home is well priced or priced below market, you're still expected to receive multiple offers and sell higher than listed. Just be patient.
If you'd like to chat about buying a home or selling your home...let me know!
Ray Wright
SoCal Realtor
951.312.3133
Keller Williams Realty
Credentials & Certifications:
A.L.C., R.E.D.M., P.S.C.. C.A.R., N.A.R., H.E.L.P., Short Sale Mastery
License #'s:
01702953/01861149
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