Edmonton Real Estate Blog

Why You Should Buy Now, Why You Should Wait...

A Few Good Reasons To Buy In A Buyers Market....

1. The neighborhood you’re interested in has stable housing prices. The houses and condos are increasing, or the pace of decline is slowing significantly. It is okay to pull the trigger, the small drawback (if any) you pay for missing the bottom may not mean much.

2. You plan to stay in the home for at least 5 years. Most real estate purchases are meant to be long term investments or purchases. If you can hold off that long before selling, you will almost certainly ride out any decline and come out ahead on price.

3. Your rent is equal or similar to a mortgage payment. If you can afford to buy do it. Owning real estate is one of the best forms of investing in your future.

4. You've found your dream home in your dream neighborhood. I f you love it buy it. Plain and simple, you never know when the market will turn. Also remember it might...