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Bad Time To Buy A House. After all, the total interest paid over 30 years for the house purchased in 2021 is $16,438 less. The supply of homes is.
from venturebeat.com
Inventory is extremely low, which means slim pickings and. 5 this means you’ll likely have a gap in living arrangements between the time you sell your old place and build your new one. It's such a bad time to purchase a home that our real estate agent told us to give up for now and wait.
Mortgage interest rates are still really low For some of you who are reading this right now, 2022 will absolutely be the worst possible time you could consider buying a property. A mortgage is a big commitment and can become a stressful burden after a job loss, so it's not a good time to buy a home if you think you'll get laid off. Currently, houses are staying on the market for an average of six days nationwide, according to data from zillow, an impressively fast turnaround.
