Should I Buy a House Now or Wait in Phoenix Arizona
Should I Buy a House Now or Wait in Phoenix Arizona?
So I'm getting asked this question a lot, whether it's new construction or buying a resale home.
Victor, should I buy a house now, or should I wait here in Phoenix, Arizona?
So with that being said, I'm going to bring you some great info if you're on the fence as a homebuyer in Arizona and it's going to be a hard decision. I am not going to kid you.
It's a hard decision for you to purchase a house in Phoenix in this real estate market with these rates, with these home prices, but if you're on the fence and you're close to that line, I think these charts will clear some thoughts.
So, even though Arizona has a strong job market and low housing inventory vs. the population, these mortgage interest rates are making it very difficult for homebuyers to purchase a home in Phoenix, AZ, with the income earned yearly on their salary. Nevertheless, we are still onboarding new clients daily, from home sellers to home buyers.