There’s no doubt the 2022 housing market was hot, but if you’re thinking about playing your hand at the real estate game in 2023, consider these questions first before starting the home-buying process.
Unless you’ve been living off the grid, you know that the economic headlines lately aren’t exactly sunshine and roses. The news of inflation and a cooldown in the overheated housing market are enough to make a potential first-time homebuyer try van life for a while. But is that really necessary? Do you really need to put your moving plans on hold? Here’s a glimpse of what the experts are saying.
As the market continues to bounce back, a lot of people are finding that they want to continue traveling, and the short-term rental market is stretching itself to meet that demand. You might even find yourself interested in remodeling or renovating your home and investing, but is now the best time? These trends are here to help you decide.
We can’t predict what the housing market is going to do, of course. But what can we tell you? Some pros and cons of buying a home, selling a home, or even renting out your home in 2022. Covering topics from the housing bubble to inflation to interest rates, here’s advice to help you decide if now’s the time for you to jump in.
If you’re in the market for a new home, don’t even start looking until you read this recap of the current housing market. We’ll cover all the things you need to know, including how the current housing bubble was created, when it might pop, and — most importantly — when it’s the best time for you to buy a house.
