The Best Time to Buy is Always Now

[Ken and Ari Walker]

If you’re waiting for interest rates and/or home prices to drop before dipping your toe into the real estate market, you could be making a costly mistake. Barbara Corcoran does believe that interest rates will go down, but she predicts that this will cause home prices to soar. 

While appearing on Forbes’ “Women & Wealth” series, Barbara said, “The only advice I have is get into it as fast as you can.” 

There are many people who are sitting on the sidelines waiting for interest rates to come down, maybe even to 2%, but those days are over-it’s not going to happen she said. When they do come down to 4-5% everybody on the sidelines is going to charge the market.  

“If you think you have a problem now finding a house, you’re going to have a bigger problem and you’re going to pay a lot more for the house” she is quoted as saying. She added, “I wouldn’t be the least bit surprised if interest rates come down, that house prices jump up by as much as 10% in a year. So, there’s no sense in waiting.” 

The moral of this blog is: If you have thought about buying – as an investor or homeowner - there’s no time to waste.  Get going! Find a good real estate agent and a knowledgeable Broker who can assist with financing as needed.  Good luck!  

Best,  

Ken & Ari Walker - Your Direct Private Money Source  

 

Husband & Wife Team  

Phone: [phone] / Office: 1400 N. Dutton Ave #22 Santa Rosa, CA 95401 
Ken: CA DRE Broker #01858042 / NMLS #1221130 
Ari: CA DRE #01858152 / NMLS #2170867 

 

Bio: Ken & Ari are a husband & wife team with over 30 years of combined real estate and private money lending experience.   They like working with buyers & borrowers, as well as directly with other licensed individuals who have clients in need of fast & alternative financing, and who can benefit from Private Money mortgages. (Qualify for our financing despite DTI ratios, credit score, property condition, difficult to prove income, etc. on purchases and refinances for owner occupied & investment properties.)