Why You'll Regret Buying A Home In 2022

"Bank of America recently said that will higher mortgage rates would price out some buyers it won't be enough to stop the housing market from posting strong home price growth this year while the market increases another 10 percent throughout 2022"

"the Federal Reserve just raised their Benchmark interest rates by 25 basis points signaling that if you're looking to get a mortgage now is probably going to be a lot cheaper than later"

"expect that your maintenance is going to cost you a few hundred dollars a month at minimum on top of all of your other payments just for the random items the break out of nowhere"

"the reality is most likely the home you buy today is unlikely going to be the home you'll stay in for the next 15 to 20 years and on average according to the data you'll probably be moving again in 13 years if not sooner"

"according to a study in 2021 by Freddie Mac just getting one extra quote saved an average of fifteen hundred dollars over the life of a typical loan and getting five quotes saved an average of three thousand dollars"

"I generally encourage anyone who's buying a property to do so with the intention of living there at least five to eight years"