The Current State of the Market

Buying a Home in This Economic Climate Can Seem Daunting

You might feel like you missed the boat during the hot streak of the pandemic. The question of, “Should I actually buy a house right now?” is a common one. This hesitation is not the same type of concern many have had in past economic downturns, though. Over the past few years, things have gotten strange. Home values increased, then interest rates skyrocketed, and now the market is tighter than ever.

Add in the daily fears about supply chains, jobs, and more, and you have a market that seems potentially frightening to enter. In fact, buyer optimism is in serious decline. So, should you buy a house right now in this market? It depends. Check out our guide to see why.