Brad, we’ve had many clients ask us if it’s a bad time to buy a house. We’re responding to each of them with the same advice—2023 could be a great year to purchase a home, and here’s why:

• Real estate experts like Grant Cardone and Robert Kiyosaki are predicting that the next 12-18 months may be the best time to buy before the next inflationary real estate cycle resumes. These cycles last 8-10 years, where prices increase on average by about 56% over the period, and then a correction arrives that decreases values only by about 24% (according to the last 100 years of data on US housing).
• The Atlanta and Dallas housing markets are #1 and #3, respectively, in the top 10 real estate markets heading into the new year. The fear is more for markets like San Francisco, New York, Chicago, and other areas where populations are shrinking instead of growing. Population is at a steady rise in our regions.
• House prices will flatten this year with an estimated increase of just 0.3% (a stark contrast from the 9.6% year-over-year increase in 2022 and 18.2% in 2021).
• After considerable rate hikes, rates are forecasted to stabilize later this year. Some are predicting the Fed will employ a wait-and-see attitude after increasing rates one more time at their meeting January 31–February 2.

On top of that, our loan requirements are very attainable — 3% down and credit scores of 580 for FHA/VA and 620+ for conventional. We have incredible solutions for every situation, including self-employed and underserved incomes.

The bottom line: if the monthly payment is affordable for your budget, this may be the last chance for median income or below median income families to affordably buy a home. For others who want a bargain, jump in before the upcycle (56% in housing price increases over the next 8 years) hits our markets.

Call today at 972-724-3222 to see how we can help turn your home purchase into a wealth-building machine that can help you beat inflation, control your housing expenses, and ensure your family’s future prosperity!