When is a good time to buy a home?

Dated: 08/06/2018

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I think I a lot of people might have this question when it comes to buying a house.

To be completely honest with you the best time to buy a home is as soon as you are able too. The reason for that is because houses are always going up in price, the interest rate goes up higher and the supply of newly built homes goes down.

Why do prices go up?

well, the answer to this question is very simple, it's because of inflation and the demand for certain homes. For example, say the homes in San Diego were averaging 400k in 2010. In 2018 houses are averaging at 600k that's a big difference for an 8 year period. Notice how the housing market is on the rise but the salaries of people is not enough anymore to buy a home.

Why does interest rate raise up? 

Most of the time this has to do with the person applying for a certain loan, although interest rate can be moved by the market.

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Yousif Alias

After being in marketing for 6 years, my clients would always ask me about commercial and residential properties so I decided to get my license and help my clients and more people. I always under prom....

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