The biggest challenge for buyers in 2017 isn't just price—it's availability. Inventory is down approximately in major metros. Builders are only producing new homes at about 60% of their historical rates , leading to a serious shortage of "starter homes".
Despite these hurdles, experts from Forbes and Rocket Mortgage argue that buying a home remains a sound long-term strategy for several reasons: is buying a house a good investment 2017
While prices aren't expected to drop, the rapid growth we saw in 2016 is expected to cool slightly. Predictions suggest a in home values this year, compared to the 5-6% gains of previous years. This "moderation" is actually a sign of a healthier, more sustainable market, though it means you may not see the same immediate equity jumps as those who bought in 2012. 4. Why It’s Still a "Qualified Yes" The biggest challenge for buyers in 2017 isn't
With high demand and low supply, 2017 remains a strong seller's market. Despite these hurdles, experts from Forbes and Rocket
As we move further into 2017, the question of whether to buy a home or keep renting is on everyone’s mind. After years of recovery from the 2008 crash, the market is entering a new phase of "moderation". While homeownership remains a cornerstone of long-term wealth building, the landscape this year has specific shifts that every potential buyer should understand. 1. Rising Mortgage Rates: The End of the Sub-4% Era?