When To Buy A New Home

By: James Spainhour

The housing market is in an interesting stage right now, with heavy competition and a lot of pure cash buyouts. CNBC released an article detailing tips for home buying in 2022. One tip stuck out though: buy early in the year.

Many buyers back off at the end of the year due to holidays, or just hunkering down for winter. It’s easier to wait for warmth than to do house tours in empty homes. However, this means it’s the perfect time to try and beat the competition! 

With others backing off, it gives you the chance to put in offers that aren’t going to be undercut immediately. You get the chance to get ahead in a market that’s been almost hostile to consumers lately. 

Don’t wait too long though. Sales start to pick up again around March, with the spring buying season coming closer each year. Trying to capitalize on this lull has to be a priority, if you’re going to manage it.

If you’re worried about your finances and affording a new home, it may behoove you to look into a financial professional to look over your numbers. At Wisepath, we create a completely new and customized plan for each of our clients, suiting their needs and working towards their financial freedom. We want to assist you with your Next Big Move! Make an appointment today to reach your financial goals of tomorrow.

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James Spainhour