Deciding whether to buy a home now or hold off? It’s a big choice with plenty to weigh—current market trends, your personal goals, and your financial situation. But here’s the truth: trying to perfectly time the real estate market isn’t a winning strategy. There are just too many unpredictable variables.
That’s why experts emphasize that time in the market is more valuable than trying to time the market.
Why Buying Now Could Be Your Best Move
If you’re ready to purchase a home and can make the numbers work, acting sooner rather than later often pays off. Bankrate puts it simply:
“No matter which way the real estate market is leaning, buying now means you can start building equity immediately.”
And they’re right. Let’s dive into the data.
Every quarter, Fannie Mae publishes the Home Price Expectations Survey (HPES), where over 100 economists, real estate pros, and market strategists share their forecasts for home prices. The latest report predicts home prices will continue to climb steadily through 2029—though at a more moderate pace than the dramatic increases we’ve seen recently.
What does this mean for you? If you buy a $400,000 home in early 2025, based on these projections, your home’s value could increase significantly. In fact, you could build over $83,000 in equity within just five years.
Now, let’s compare that to renting. Every month you pay rent, you’re contributing to someone else’s equity—not your own. By choosing to buy now, you’re investing in your future wealth.
Overcoming Today’s Market Challenges
It’s no secret that buying a home today comes with its own set of challenges, but the long-term rewards make it worth the effort. And there are ways to make homeownership achievable, even if the market feels tough:
- Explore affordable areas where you can get more for your money.
- Consider condos or townhomes as a first step into homeownership.
- Look into down payment assistance programs that can ease upfront costs.
Waiting might seem like a safer bet, but when you pause just to “time the market,” you could miss out on valuable equity gains.
When it comes to building wealth through real estate, it’s time in the market that makes the difference—not trying to perfectly predict market trends.
If you’re ready to explore your options, let’s connect! Together, we’ll find the right strategy to help you achieve your homeownership goals. Don’t wait to start building your future today.
