Have you ever heard the phrase: don’t believe everything you hear? There’s a lot of misinformation out there. And right now, making sure you have someone you can go to for trustworthy information is extra important.
1. I’ll Get a Better Deal Once Prices Crash
If you’ve heard home prices are going to come crashing down, it’s time to look at what’s actually happening. While prices vary by local market, there’s a lot of data out there from numerous sources that shows a crash is not going to happen. So, if you think waiting will score you a deal, know that data shows there’s not a crash on the horizon, and waiting isn’t going to pay off the way you’d hoped.
2. I Won’t Be Able To Find Anything To Buy
If this nagging fear about finding the right home if you move is still holding you back, you probably haven’t talked with an expert real estate agent lately. Throughout the year, the supply of homes for sale has grown. While the market isn’t back to normal just yet, inventory is moving in a healthier direction.
3. I Have To Wait Until I Have Enough for a 20% Down Payment
Many people still believe you need a 20% down payment to buy a home. First-time homebuyers are typically only putting down 6%. That’s far less than the 20% so many people think they need.
An Agent’s Role in Fighting Misconceptions
If you put your move on pause because you heard one or more of these myths yourself, it’s time to talk to a trusted agent.
If you have questions about what you’re hearing or reading, let’s connect. You deserve to have someone you can trust to get the facts.
#confidentdecisions #realestate #keepingcurrentmatters
