According to the National Association of Realtors now is the best time to buy real estate! The best people to get wealth advice from is the wealthy. According to the graph below year over year home sales of homes that are $1 Million plus are up 6.4% when the rest of the price point sales are down. This is due to the fact that the wealthy people recognize that now is a great time to buy. There are several reasons why now is the absolute best time to buy a real estate, but I believe the three biggest reasons are: Motivated sellers, historcally low interest rates, and low prices.
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