[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1nlthvkvo9s9b":3,"$ffeh0925h8cuz":47,"$fbwk2pqjjqsc7":51},{"item":4,"previous":35,"next":41},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":33,"updatedAt":34},4167,"should-i-buy-a-home-right-now","Should I Buy a Home Right Now?","If you’ve been thinking about \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F28\u002Fa-key-opportunity-for-homebuyers\u002F\">buying a home\u003C\u002Fa>, you likely have one question on the top of your mind: \u003Cem>should I buy right now, or should I wait?\u003C\u002Fem> While no one can answer that question for you, here’s some information that could help you make your decision.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F12140150\u002F20220713-KCM-Share.jpg","If you’ve been thinking about \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F28\u002Fa-key-opportunity-for-homebuyers\u002F\">buying a home\u003C\u002Fa>, you likely have one question on the top of your mind: \u003Cem>should I buy right now, or should I wait?\u003C\u002Fem> While no one can answer that question for you, here’s some information that could help you make your decision.\u003C!--more-->\r\n\u003Ch4>\u003Cstrong>The Future of Home Price Appreciation\u003C\u002Fstrong>\u003C\u002Fh4>\r\nEach quarter, \u003Cem>Pulsenomics \u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Fpulsenomics.com\u002Fsurveys\u002F#home-price-expectations\">surveys\u003C\u002Fa> a national panel of over 100 economists, real estate experts, and investment and market strategists to compile projections for the future of \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F16\u002Fhome-price-deceleration-doesnt-mean-home-price-depreciation\u002F\">home price appreciation\u003C\u002Fa>. The output is the \u003Cem>Home Price Expectation Survey. \u003C\u002Fem>In the latest release, it forecasts home prices will continue appreciating over the next five years (\u003Cem>see graph below\u003C\u002Fem>):\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F12140148\u002F20220713-MEM-Eng-1.png\">\u003Cimg class=\"aligncenter wp-image-46820\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F12140148\u002F20220713-MEM-Eng-1.png\" alt=\"Should I Buy a Home Right Now? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nAs the graph shows, the rate of appreciation will moderate over the next few years as the \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F14\u002Fis-the-housing-market-correcting\u002F\">market shifts\u003C\u002Fa> away from the unsustainable pace it saw during the pandemic. After this year, experts project home price appreciation will continue, but at levels that are more typical for the market. As Lawrence Yun, Chief Economist at the \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR), \u003Ca href=\"https:\u002F\u002Fwww.marketplace.org\u002F2022\u002F05\u002F18\u002Fsigns-that-red-hot-housing-market-may-be-cooling-down\u002F\">says\u003C\u002Fa>:\u003Cem> \u003C\u002Fem>\r\n\u003Cblockquote>\u003Cem>“People should not anticipate another double-digit price appreciation. Those days are over\u003C\u002Fem>\u003Cem>. . . .\u003C\u002Fem>\u003Cem> \u003Cstrong>We may return to more normal price appreciation of 4%, 5% a year\u003C\u002Fstrong>.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nFor you, that ongoing appreciation should give you peace of mind \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F07\u002F01\u002Freal-estate-consistently-voted-best-investment-infographic\u002F\">your investment\u003C\u002Fa> in homeownership is worthwhile because you’re buying an asset that’s projected to grow in value in the years ahead.\r\n\u003Ch4>\u003Cstrong>What Does That Mean for You?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nTo give you an idea of how this could impact your \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2021\u002F08\u002F30\u002Fthe-difference-in-net-worth-between-homeowners-and-renters-is-widening\u002F\">net worth\u003C\u002Fa>, here’s how a typical home could grow in value over the next few years using the expert price appreciation projections from the \u003Cem>Pulsenomics\u003C\u002Fem> survey mentioned above (\u003Cem>see graph below\u003C\u002Fem>):\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F12140152\u002F20220713-MEM-Eng-2.png\">\u003Cimg class=\"aligncenter wp-image-46822\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F12140152\u002F20220713-MEM-Eng-2.png\" alt=\"Should I Buy a Home Right Now? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nAs the graph conveys, even at a more typical pace of appreciation, you still stand to make significant \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F06\u002F21\u002Fthe-average-homeowner-gained-64k-in-equity-over-the-past-year\u002F\">equity gains\u003C\u002Fa> as your home grows in value. That’s what’s at stake if you delay your plans.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you’re ready to become a homeowner, know that buying today can set you up for long-term success as your asset’s value (and your own net worth) is projected to grow with the ongoing home price appreciation. Let’s connect to begin your homebuying process today.","\r\nIf you’re ready to become a homeowner, know that buying today can set you up for long-term success as your asset’s value (and your own net worth) is projected to grow with the ongoing home price appreciation. Let’s connect to begin your homebuying process today.","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F12140148\u002F20220713-MEM-Eng-1.png",false,[17,21,25,29],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},9,"Home Prices","home-prices",{"id":26,"name":27,"slug":28},11,"First-Time Buyers","first-time-buyers",{"id":30,"name":31,"slug":32},38,"Move-Up","move-up","2022-07-13T10:00:12Z","2023-02-03T15:34:06Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":15},4165,"expert-housing-market-forecasts-for-the-second-half-of-the-year","Expert Housing Market Forecasts for the Second Half of the Year","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F08111535\u002F20220712-KCM-Share.jpg","2022-07-12T10:00:15Z",{"id":42,"slug":43,"title":44,"featuredImage":45,"publishedAt":46,"contentType":10,"isVideo":15},4168,"housing-experts-say-this-isnt-a-bubble","Housing Experts Say This Isn’t a Bubble","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F07\u002F13151549\u002F20220714-KCM-Share.jpg","2022-07-14T10:00:07Z",{"cover":48,"open":49,"shareSpread":50},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[52,56,57,61,65,69,70,71,75,79,80,84,88,92,96,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156],{"id":53,"name":54,"slug":55},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":58,"name":59,"slug":60},6,"For Sellers","sellers",{"id":62,"name":63,"slug":64},7,"Foreclosures","foreclosures",{"id":66,"name":67,"slug":68},8,"Infographics","infographics",{"id":22,"name":23,"slug":24},{"id":26,"name":27,"slug":28},{"id":72,"name":73,"slug":74},34,"Senior Market","senior-market",{"id":76,"name":77,"slug":78},35,"Mortgage Rates","mortgage-rates",{"id":30,"name":31,"slug":32},{"id":81,"name":82,"slug":83},41,"For Sale by Owner","for-sale-by-owner",{"id":85,"name":86,"slug":87},42,"Featured","featured",{"id":89,"name":90,"slug":91},45,"New Construction","new-construction",{"id":93,"name":94,"slug":95},52,"Luxury \u002F Vacation","luxury--vacation",{"id":97,"name":98,"slug":99},53,"Rent vs. Buy","rent-vs-buy",{"id":101,"name":102,"slug":103},80,"Time-sensitive","time-sensitive",{"id":105,"name":106,"slug":107},81,"Outdated","outdated",{"id":109,"name":110,"slug":111},147,"Internal","internal",{"id":113,"name":114,"slug":115},148,"Do Not Autopost","do-not-autopost",{"id":117,"name":118,"slug":119},320,"Inventory","inventory",{"id":121,"name":122,"slug":123},321,"Agent Value","agent-value",{"id":125,"name":126,"slug":127},322,"Affordability","affordability",{"id":129,"name":130,"slug":131},323,"Buying Tips","buying-tips",{"id":133,"name":134,"slug":135},324,"Downsize","downsize",{"id":137,"name":138,"slug":139},325,"Economy","economy",{"id":141,"name":142,"slug":143},326,"Equity","equity",{"id":145,"name":146,"slug":147},327,"Forecasts","forecasts",{"id":149,"name":150,"slug":151},328,"Selling Tips","selling-tips",{"id":153,"name":154,"slug":155},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":157,"name":158,"slug":159},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]