Did you hear the news?? ⬇️
The Fed recently lowered rates 0.5% 📉 (this doesn’t mean mortgage rates though!), although this will trickle down to things like more affordable mortgage rates.
But, here’s what happens when you wait for rates to drop…
👆🏼 Competition goes way up!
Just this last week, mortgage application rates rose more than 14%! 📈
This means you’re going to be competing against things like:
💰 More all-cash offers
🚧 Less contingencies
📈 Offers that are over asking price!
And the truth is…
The will never be a perfect time to buy real estate! 🏡
This example shows that a $600k property would appreciate ~$96k over five years (given a conservative 3% yearly appreciation) and you’d lose out on all this equity if you wait to buy!
You can’t time the market, but your time IN the market makes all the difference if you’re trying to invest in real estate to build wealth 📈
My most important tip to do right now?
Take action and just GET STARTED!
One way you can do...
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