GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
it’s possible for you to read more about oureditorial guidelinesand our products and servicesreview methodology.
Some real estate experts feel its due for a reset.
As GOBankingRatesrecently reported, housing market resets tend to occur every eight to 12 years.
Therefore, with COVID relief funds having slowed the inevitable, the U.S. is overdue.
So that could be a fantastic thing for buyers who have just been not finding any great options.
And then thats going to drive up prices.
It might not be the lowest interest rate, but thats why God invented refinancing.
Does that affect your pocketbook in your monthly mortgage payment?
But its just not that significant.
She said that homebuying is about creative negotiating.
But what they dont know is suddenly all these other buyers are back in the market.
So what may appear to them as a stale listing might not actually be a stale listing.
She said its important to do your research to not lose something that you actually want.
Whatever changes are to come in the housing market, there are lots ofpros and consto weigh.
Most importantly, never buy a home before youre ready, no matter how good the timing seems.
More From GOBankingRates
Share This Article:
