Analysis

Why It’s a Great Time to Buy a Home

UPDATED BY J. CHARLES LENDING TREC CE PROVIDER 11343-CEP READ 1 MIN

In this episode

We get into some of the reasons why people are hesitant to buy right now and why it’s actually a great time to purchase a home.

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Show notes

What are some of the reasons people don’t want to buy right now? Will home values go down? Will rates stay elevated? What if the fed raises rates? We answer these objections.

The part worth repeating

The key is are you Ready, Willing, and Able to buy right now. If so, it’s a great time to take advantage of the market.

Common questions

So will we ever see rates under 4% again?

Highly unlikely. 2020 and 2021 was the exception, not the rule. We are currently in a more normal interest rate range than 5-6 years ago.

Mentioned in this episode

  • Freddie Mac and Mortgage News Daily Average 30 year fixed rates
  • Foreclosure data and average home values

This is the first hour of our TREC continuing education course.

Mortgage Markets Class (TREC course 39644-RECE) is 2 hours of approved elective credit for licensed Texas agents, taught live at your office. Same material, in depth, with your team's questions answered in the room.

See the course