You would think you know the answer to this question: Should I rent or should I buy a home in 2022. It's not as easy as it looks so let's dive into some data and look at the short-term and the long-term effects of buying and renting a home in this current real estate market.
In short, if you are looking to buy a home make sure you know that. you have to stay in for. a few years in order to make good equity on it. If you're looking for a quick equity play then it's probably best to rent in 2022 and 2023.
I have 1 new article from the Wall Street Journal and one I used 2 weeks ago that you will love that breaks down renting and buying and how this affects the real estate market.
Wall Street Journal Article on renting or buying: https://www.wsj.com/articles/is-it-better-to-rent-or-buy-what-to-do-in-a-hot-housing-market-11652312186
An older article on Rent/Price ratio and the housing market for 2022: https://fortune.com/2022/04/14/us-housing-market-real-estate-crash-prediction-metric/?utm_source=pocket_mylist
Some popular questions about Real Estate in 2022 The Real Estate Market is going to crash? No
What does the research say about the housing market? It's not going to crash
Will inflation affect the real estate market? Yes, it will, but as long as interest rates remain lower it will not crash the market.
Is it a good time to buy real estate? Yes, don't base your purchasing on fear, if you need to buy go ahead and buy a home and do your homework. Home prices still rise in cycles and real estate has always been a long-term play. It's no different with real estate in 2022.
Is it a good time to sell a home in real estate? Yes, some economists indicate that this year will be the height of the market for home prices.
#Housingcrash#Housingbubble#RealEstateMarket#RealEstate2022#TristanAhumada#RealEstateCrash
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