Is Now A Good Time To Buy A Home Around Alexandria La?
Has making that September rent payment giving you the blues? Perhaps 2024 is the year you take the next step and purchase your piece of the bayou state. With all the economic and political stuff on the media let's see if home ownership is a good option...
The economy in general
It's like 2024 looked at 2023 and said, "Hold my beer". Conflict in Europe and the Middle East, a host of bad economic news (priced groceries lately), and a political scene like none in memory.
During such "interesting times" why buy real estate? Well, rates are down for one! When will they dip down back in the 2-3% range? Who knows? Bidding wars (which tend to push prices north) have become more rare than snow in Natchitoches...
More about YOU
The thousand dollar question...how is YOUR economy performing. Is your job secure? Feel like you will live in Central Louisiana for the near future (will vary based on house style and price point, generally though two years)?
Purchasing a home when the time is right can be a blessing. Doing so when your job is not secure or there may be some trouble on the spouse front? Not so much. I recommend sitting down everyone who will be on the mortgage and having a family "state of the union" discussion.
So, is now a good time to buy a home in Central Louisiana? The answer is it depends, largely on you! Over time real estate can be a great investments. In fact, one of my first deals involved a home built in 1934. During the height of the Great Depression someone built a home. And in 2024 it's still in service. Searching for a top real estate agent to guide you through the process? Call Doug Rogers (318) 613-1994 TODAY! Go to Alexandria La Homes For Sale to explore properties listed on the local MLS.
Comments(4)