Is now a good time to buy a house?

Deciding whether to buy a home is one of the biggest financial decisions you will ever make. Not only is it a huge financial decision, it is a very emotional one as well. Anyone who bid, fought a bidding war and lost a home or finally got their dream home, can agree that the process can have high levels of hardships and frustrating downsides.

The past few years have been increasingly confusing Prospective home buyers. COVID has caused tremendous anxiety about the future of the economy, initially leading homebuyers to halt purchases. In the end, closings, working remotely, and learning have inspired many to seek additional space. This, along with a low interest rate environment and low inventory, has stimulated bidding wars and driven up home prices.

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