[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1n92vivofiofe":3,"$ffeh0925h8cuz":43,"$fbwk2pqjjqsc7":47},{"item":4,"previous":31,"next":37},{"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":29,"updatedAt":30},4434,"key-advantages-of-buying-a-home-today","Key Advantages of Buying a Home Today","There’s no doubt \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F01\u002F3-trends-that-are-good-news-for-todays-homebuyers\u002F\">buying a home\u003C\u002Fa> today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising mortgage rates.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F06122951\u002Fkey-advantages-of-buying-a-home-today-KCM.jpg","There’s no doubt \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F01\u002F3-trends-that-are-good-news-for-todays-homebuyers\u002F\">buying a home\u003C\u002Fa> today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising mortgage rates.\u003C!--more-->\r\n\r\n\u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F12\u002F01\u002Fwhat-you-want-to-know-if-youre-pursuing-your-dream-of-homeownership\u002F\">Buying a home\u003C\u002Fa> in any market is a personal decision, and the best way to make that decision is to educate yourself on the facts, not following sensationalized headlines in the news today.  The reality is, headlines do more to terrify people thinking about buying a home than they do to clarify what’s actually going on with real estate.\r\n\r\nHere are three reasons potential homebuyers should consider buying a home today.\r\n\u003Ch4>\u003Cstrong>1. More Homes Are for Sale Right Now\u003C\u002Fstrong>\u003C\u002Fh4>\r\nAccording to \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Ftopics\u002Fexisting-home-sales\">data\u003C\u002Fa> from the \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR), this year, the \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F23\u002Fwhat-buyers-need-to-know-about-the-inventory-of-homes-available-for-sale\u002F\">supply of homes\u003C\u002Fa> for sale has grown significantly compared to where we started the year (\u003Cem>see graph below\u003C\u002Fem>):\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F06122952\u002Fthe-supply-of-homes-for-sale-has-grown-MEM.png\">\u003Cimg class=\"aligncenter wp-image-47567\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F06122952\u002Fthe-supply-of-homes-for-sale-has-grown-MEM.png\" alt=\"Key Advantages of Buying a Home Today | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\n \r\n\r\nThis growth has happened for two reasons: homeowners listing their homes for sale and homes staying on the market a bit longer as buyer demand has moderated in response to higher mortgage rates.\r\n\r\nThe good news for you is that more inventory means more homes to choose from. And when there are more homes on the market, you could also see less competition from other buyers because the peak frenzy of competing over the same home has eased too.\r\n\u003Ch4>\u003Cstrong>2. Home Prices Are Not Projected To Crash\u003C\u002Fstrong>\u003C\u002Fh4>\r\nExperts don’t believe home prices will \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F10\u002F26\u002F3-graphs-showing-why-todays-housing-market-isnt-like-2008\u002F\">crash\u003C\u002Fa> like they did in 2008. Instead, \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F12\u002F06\u002Fwhats-going-on-with-home-prices-ask-a-professional\u002F\">home prices\u003C\u002Fa> will moderate at various levels depending on the local market and the factors, like supply and demand, at play in that area. That’s why some experts are calling for slight appreciation and others are calling for slight depreciation (\u003Cem>see graph below\u003C\u002Fem>):\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F06130940\u002Fhome-price-forecasts-for-2023-2-MEM.png\">\u003Cimg class=\"aligncenter wp-image-47570\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F06130940\u002Fhome-price-forecasts-for-2023-2-MEM.png\" alt=\"Key Advantages of Buying a Home Today | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nIf you consider the big picture and average the expert forecasts for 2023 together, the expectation is for relatively flat or neutral price appreciation next year. So, if you’re worried about buying a home because you’re afraid home prices will crash like they did in 2008, rest assured that’s not what expert projections tell us.\r\n\u003Ch4>\u003Cstrong>3. Mortgage Rates Have Risen, but They Will Come Down\u003C\u002Fstrong>\u003C\u002Fh4>\r\nWhile \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F21\u002Fmortgage-rates-will-come-down-its-just-a-matter-of-time\u002F\">mortgage rates\u003C\u002Fa> have risen dramatically this year, the rapid increases we’ve seen have \u003Ca href=\"https:\u002F\u002Fwww.freddiemac.com\u002Fpmms\u002Farchive\">moderated\u003C\u002Fa> in recent weeks as early signs hint that inflation may be easing slightly. Where they’ll go from here largely depends on what happens next with inflation. If inflation does truly begin to cool, mortgage rates may come down as a result.\r\n\r\nWhen that happens, expect more buyers to jump back into the market. For you, that means you’ll once again face more competition. Buying your house now before more buyers reenter the market could help you get one step ahead. As Lawrence Yun, Chief Economist for NAR, \u003Ca href=\"https:\u002F\u002Ftwitter.com\u002FNAR_Research\u002Fstatus\u002F1597970968298782720?s=20&t=RM8XMxPm_1ZkD0xfSe4N6Q\">says\u003C\u002Fa>:\r\n\u003Cblockquote>“\u003Cem>The upcoming months should see a return of buyers, as mortgage rates appear to have already peaked and have been coming down since mid-November\u003C\u002Fem>.”\u003C\u002Fblockquote>\r\nWhen mortgage rates come down, those waiting on the sidelines will jump back in. Your advantage is getting in before they do.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you’re thinking about buying a home, you should seriously consider the advantages today’s market offers. Let’s connect so you can make the dream of homeownership a reality.\u003Cstrong>  \u003C\u002Fstrong>","\r\nIf you’re thinking about buying a home, you should seriously consider the advantages today’s market offers. Let’s connect so you can make the dream of homeownership a reality.\u003Cstrong>  \u003C\u002Fstrong>","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F06122952\u002Fthe-supply-of-homes-for-sale-has-grown-MEM.png",false,[17,21,25],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers",{"id":26,"name":27,"slug":28},38,"Move-Up","move-up","2022-12-07T11:00:43Z","2023-02-03T15:33:36Z",{"id":32,"slug":33,"title":34,"featuredImage":35,"publishedAt":36,"contentType":10,"isVideo":15},4433,"whats-going-on-with-home-prices-ask-a-professional","What’s Going on with Home Prices? Ask a Professional.","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F05161733\u002Fwhats-going-on-with-home-prices-ask-a-professional-KCM.jpg","2022-12-06T11:00:23Z",{"id":38,"slug":39,"title":40,"featuredImage":41,"publishedAt":42,"contentType":10,"isVideo":15},4435,"homeownership-is-an-investment-in-your-future","Homeownership Is an Investment in Your Future","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F07164139\u002Fhomeownership-is-an-investment-in-your-future-KCM.jpg","2022-12-08T11:00:40Z",{"cover":44,"open":45,"shareSpread":46},"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",[48,52,53,57,61,65,69,70,74,78,79,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147,151,155],{"id":49,"name":50,"slug":51},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":54,"name":55,"slug":56},6,"For Sellers","sellers",{"id":58,"name":59,"slug":60},7,"Foreclosures","foreclosures",{"id":62,"name":63,"slug":64},8,"Infographics","infographics",{"id":66,"name":67,"slug":68},9,"Home Prices","home-prices",{"id":22,"name":23,"slug":24},{"id":71,"name":72,"slug":73},34,"Senior Market","senior-market",{"id":75,"name":76,"slug":77},35,"Mortgage Rates","mortgage-rates",{"id":26,"name":27,"slug":28},{"id":80,"name":81,"slug":82},41,"For Sale by Owner","for-sale-by-owner",{"id":84,"name":85,"slug":86},42,"Featured","featured",{"id":88,"name":89,"slug":90},45,"New Construction","new-construction",{"id":92,"name":93,"slug":94},52,"Luxury \u002F Vacation","luxury--vacation",{"id":96,"name":97,"slug":98},53,"Rent vs. Buy","rent-vs-buy",{"id":100,"name":101,"slug":102},80,"Time-sensitive","time-sensitive",{"id":104,"name":105,"slug":106},81,"Outdated","outdated",{"id":108,"name":109,"slug":110},147,"Internal","internal",{"id":112,"name":113,"slug":114},148,"Do Not Autopost","do-not-autopost",{"id":116,"name":117,"slug":118},320,"Inventory","inventory",{"id":120,"name":121,"slug":122},321,"Agent Value","agent-value",{"id":124,"name":125,"slug":126},322,"Affordability","affordability",{"id":128,"name":129,"slug":130},323,"Buying Tips","buying-tips",{"id":132,"name":133,"slug":134},324,"Downsize","downsize",{"id":136,"name":137,"slug":138},325,"Economy","economy",{"id":140,"name":141,"slug":142},326,"Equity","equity",{"id":144,"name":145,"slug":146},327,"Forecasts","forecasts",{"id":148,"name":149,"slug":150},328,"Selling Tips","selling-tips",{"id":152,"name":153,"slug":154},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":156,"name":157,"slug":158},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]