When I sit down for a buyer consultation, I can predict how long it will actually take them to buy their next home. Some say they need a year, then they buy two months later. Others say they need to buy ASAP, only to end up signing a lease while they continue touring listings for the next 3 years.
And guess what? Both of these timelines are completely normal!!
When buyers ask me "Jillian, when is a good time to buy?", I could show them all of the absorption rates, the comparable sales in their desired neighborhoods, trends of mortgage rates and tour all of the beautiful homes they have on their wishlist. But at the end of the day, none of that matters unless YOU are ready to buy. No external factor will be the ultimate decider- it's all up to you and when you feel ready to take the plunge.
"But Jillian, how will I know when I am ready?" Well first, talk to an agent AND a lender you trust! This dynamic duo can paint a detailed picture of how your financial portfolio and current life circumstances compare to your local market. These professionals are part of a crucial support system to help you prepare and feel confident in your home buying process.
So reach out to us today and no matter where you are in your home buying journey, Jillian Hogan Homes is with you every step of the way!
'Til Next Time,
Jillian
Every month Jillian Keck Hogan shares local real estate insight, advice, and more. To learn more about Jillian and her team, visit jillianhoganhomes.com and follow her real estate group on Instagram @jillianhoganhomes. Equal Housing Opportunity.