Will 2023 Be A Better Year To Buy A House
August 8, 2022 by carter wessman leave a comment because of the volatility in the housing market and economy, you may be thinking if now is the best time to buy a house or. Therefore, one of the safest housing market predictions for 2023 and the next five years is that we are likely to see major changes—the question is when. In that backdrop, another double digit price appreciation year for 2023 is looking very likely. However, rates are still super low so the likelihood of rate increases is.
Houses are investments that continually grow in value, so yes, 2022 is a good year to buy a home. If you buy a home in 2023, you get more time to save for a down payment, which might help to lower your monthly payment once you get a mortgage. Home buyers now have more bargaining power, as well. Even though interest rates are going up, hyperinflated housing prices are.