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5 Reasons NOT to Buy Real Estate

Posted by Tim Bray on Sunday, January 9th, 2022 at 6:53pm.

 1. Peer Pressure

“Everyone else is doing it” does not mean that it is a good reason to buy.

2. Short Term

If you know that you will be moving in less than five years then renting may make more sense.

3. Low Inventory

This pushes prices higher than maybe in the summer when there is more inventory.

4. Job Loss

If there is any chance that you will be laid off for an extended period of time, then now may not be the time to buy.

5. Market Swings

If there is any chance that you will be laid off for an extended period of time, then now may not be the time to buy.

Reach out to one of our agents to see if it's a good idea for you to buy or rent. 

 

#connect-bttn#

 

TIM BRAY - B.S. Real Estate & Urban Economics

Seaport Real Estate Services

c: 860.912.7137 | tbray@seaportre.com 

12 Roosevelt Ave, Mystic, CT

Group Qualifications to be your Guide: B.S. Real Estate & Urban Economics (UConn) MBA, Former Appraiser, Graphic Designer, Social Media Expert, Top 1% of Agents, Commercial & Investment Certified, Auctions, Licensed in CT & RI

 

 

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