Found 165 entries published by Robert DeFalco.
Is it a good time to buy a house? Market trends and expert insights for 2025
Is it a good time to buy a house now? With median home prices in the U.S. reaching $400,000 in 2024, and mortgage rates fluctuating between 6.5% and 7%, prospective buyers must weigh market conditions and personal finances carefully before making a decision.
Whether it’s a good time to buy a house depends on your finances, goals, and local market conditions. Right now, home prices are high and interest rates have gone up. This makes buying harder for some people. But there are still good reasons to consider buying if you’re ready.
If you have steady income and savings for a down payment, buying now could be smart. Home values often go up over time. Owning can build wealth and give you a place that’s truly yours. Think about your long-term plans and talk to a real estate pro to help decide if now is the right time for you to buy.
Key Takeaways
- Your personal finances and goals matter more than market timing
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