ListingDock

Is it a good time to buy a home?



Write the reason you're deleting this FAQ

Is it a good time to buy a home?

I'd love to stop renting a home and actually take the plunge into home ownership. But, is it a good time with the economy for home ownership?

Comments

Please login or sign up to leave a comment

Join
LizAnne
The advantage of buying a home is that you will get your money back for living there at resale time. You can't say that about a rental.



Are you sure you want to delete this post?

Beverly
Depends on your credit history; current job situation and other factors such as life savings. For instance, it can be costly to uproot your family and move household. If you are comfortably settled, weigh your options carefully before you take the leap into home ownership.



Are you sure you want to delete this post?

angie828
I think that if you are ready for it, then it is a good time to purchase a home.



Are you sure you want to delete this post?

Navarro
If you have the money for a home, you should treat yourself.

You never know when you will miss your chance and stay a renter forever.



Are you sure you want to delete this post?

Blossomvan
It sounds so unwise not to buy a place where you can call your home. When is the right time to purchase one?



Are you sure you want to delete this post?

rubaic
If you are ready for afford your budget, then it is a good time to purchase a home.



Are you sure you want to delete this post?

tenthztar
I think if you have the funds for it then go for it. Investing in a home now would beneficial in the near future, because the price of the land always grows every year. You should prioritize on getting your very own house rather than renting in our country we have rent to own houses, condo's and penthouse.



Are you sure you want to delete this post?

Barida
To get your home is one of the best things you can do in this part of the world. Yeah, i understood that in some part of the world, where houses are quite cheap, that you may decide to continue living in a rented apartment, but that is not a good idea here if you can afford your house for getting a house is one of the best investment decision you can take around this area.



Are you sure you want to delete this post?

Heatman6190
I think timing has nothing to do with when is right to buying your own home but rather your financial capacity and capability. If you can afford to buy one this moment, I really don't see anything wrong in doing.

Buying a house in my opinion is one of the best long term investment, it never wanes but always appreciate in worth. So if you have have the cash at your disposal, hit up the real estate agents and see a building that you can afford and make it permanently yours.



Are you sure you want to delete this post?

gelotologist
I agree, the money is what you need not a time( except the age ). If you're ready to have one or should I say, If you're financially ready then why not buy a house for your own and for your family. Buying it would be a total win-win situation for you and your family as well.



Are you sure you want to delete this post?

Pixie06
I think having your own house has so many advantages and if you are financially capable of buying a house then I will advise you to go forward with this idea. In the long run, this will help you to save a considerable amount of money. Moreover, you won't have the landlord on your back always prying his nose in your business. Unfortunately, I had to deal with such a landlord in the past but now I have my own house and I am happy. I am free to do anything that I want. lol



Are you sure you want to delete this post?

LiamNoQ
The pandemic has changed the way we feel about home. It has ceased to be the point where we only spend the night. For many of us, the home space has become the main place to live: here we work, study, relax, train and communicate. Following this understanding came the desire to make this key place comfortable and spacious. And consumer sentiment is already reflecting this trend. Buyers expect property prices to fall in the next 12 months, but the budgets of most of them have remained unchanged or even increased during the lockdown. This is stated by 53% of respondents. I think Real Estate Syndication can help you understand the pros and cons of buying a home during a pandemic.



Are you sure you want to delete this post?