5 Reasons NOT to Buy Real Estate
Posted by Tim Bray on
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.
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