Buying a House? Timing Matters, but It’s Not Everything!

By Alexander Prewitt

Alexander is a Tucson native. He is a University of Arizona Alumnus and a devoted Wildcat fan. His experience in Real Estate over the last 11 years covers all aspects of residential Real Estate including listing agent, buyer's agent, and also working with distressed properties such as short sales and foreclosures.

Should you wait until prices come down to buy a house? The truth is that there’s no definitive answer. Buying a house isn’t about timing; it’s about getting in the game. There’s never a bad time to buy or sell a house.

However, there is a right way and a strategy to do it. A good real estate agent’s job is not just to get you the best deal, but to get you the best investment. So if someone asks, “Should I wait until prices come down?” I’d question why they want to buy in the first place.

If prices come down, it likely reflects the overall economic environment, possibly with higher interest rates. When rates go down, prices tend to go up. It’s a lose-lose situation. You should make your decision based on your life, your current situation, and your plans, not what everyone else is saying or what the news is reporting. So, either make the decision or don’t. It’s up to you.

If you’re ready to make your real estate move, call or email me. I’m always happy to help.