Afraid of buying today? Here's why you shouldn't worry.

By
Real Estate Agent with Samson Properties VA0225077251

There's always going to be a million reasons why not to buy a home - whether the rates are too high, too much competition, prices are on the roof, the dog eating the offer letter earlier this morning, and so much more.

However, you have to understand that real estate investments are for the long haul - which helps build a financial and wealth stability in your portfolio. Sure, some rates and prices can be a bit higher than your liking, but taking care of that property in the long run can give you a high yield in the next few years or decades once you decided to sell that home.

In this buyer-driven market, it's all about positioning yourself to take advantage of what you have right now. Play with your strengths - sellers are much more willing to cooperate right now in this market shift. Don't be afraid to go for contingencies, inspections, and all other benefits that you can go after as it's going to help you long term.

Posted by

 
                             
Associate Broker
MRP, ABR, ePRO

NVAR, Life Time Top Producer
NVAR,Multiple Million Dollar Sales Club Member
Samson Properties
Cell - 703-625-4949
Email - info@eNOVAHomes.com
Web: www.eNOVAHOMES.com
 
Residential real estate agent serving Northern Virginia in Fairfax & Loudoun county over a decade and almost $100+M in sales volume experience. 


 

Comments (6)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ritu Desai 703-625-4949 homeownership is the American Dream and this is a great time of the year to fulfill that dream.

Nov 29, 2022 01:54 PM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Good point - take advantage of the market you're in today!

Dec 10, 2022 04:55 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

I have seen a numbers of buyers who have been able to buy their next home.  Good time.

Dec 10, 2022 05:26 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Ritu. When you need to buy, it is a good time to buy. Maintain patience in your journey. Enjoy your day.

Dec 10, 2022 05:53 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Great advice for us to share with our clients - I have someone thinking now of renting....  I will share your thoughts! 

Dec 10, 2022 07:20 AM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

With the shift in the market, buyers can hope to get their chance and maybe even find that dream home

Dec 10, 2022 11:55 AM