When is the right time to buy? Should I wait till the market takes a turn? What about interest rates?
All good questions to ask. In the end, the main question is.....Do interest rates outweigh the cost of purchasing in a Seller's market?
So here is something cool to think about. Many of our clients say they want to wait until the market cools down. Give a little time and see if they can save on their home purchase. When we are asked this question, it is hard to judge and adds a lot of subjectivity to the answer. The current Santa Fe Home Market has stayed strong even with COVID. So far we have not seen medium prices fall, they have stayed consistent and even raised in some cases 3-6% in current market value.
So is buying a…