I keep seeing and hearing people talk about waiting for the housing market to “go back to normal”. Y’all, there is no “normal” in real estate. Not in this context, anyway. We don’t see a surge in prices and then just go back to the way it was before. That’s not the way it works.
I won’t be trying to talk anybody into making decisions that aren’t financially sound. Maybe it’s time for you to buy your first home, or maybe it isn’t. The evening news and Zillow aren’t going to be analyzing your individual situation or the small micromarket you would be interested in.
If you’re wondering what you’re gonna do about your living situation, talk to local professionals. Ask competent real estate agents (more than one) about your local market conditions and how they’re trending. Talk to lenders and see what is available to you. After you do that, you’ll be armed with facts to make a good decision.
If you have a home you need to sell, don’t take online valuations at their word. Those algorithms have never seen your home or the homes they’re using to determine market value. I have Redfin and Zillow sending me updates on what my properties are worth and they’re way off. A real person with real data and experience can tell you what you need to know, and it’s not a scary process. Ask questions of local people who know. Don’t let the internet scare you or keep your family from moving forward.
Niki Maclay Homes 