Wondering whether now is the right time to buy a home? It’s a common question in today’s market. While your decision depends on personal factors, one key consideration is how quickly you can start building equity once you purchase. Even with modest price growth, the equity you gain could add up faster than you think.

Each quarter, Fannie Mae releases the Home Price Expectations Survey (HPES), which gathers insights from more than 100 economists, real estate experts, and strategists. The latest forecast shows that home prices are expected to rise nationally through at least 2028. While this growth will vary by region, the important takeaway is that home prices are projected to increase every year, at a steady pace.

Though rising prices may seem discouraging, once you own a home, that appreciation works to your benefit by growing your equity. For instance, if you purchase a home for $450,000 today, based on expert projections, you could gain over $90,000 in equity over the next five years. That’s a significant boost to your household wealth.

With mortgage rates dropping and a solid outlook for long-term equity growth, now may be the perfect time to buy.

Dee McDonough, owner of S&D Real Estate, says:

“Buying a home is one of the most effective ways to build financial security. With rates decreasing, it’s an excellent opportunity for our customers to start growing wealth through homeownership. We’re here to provide the guidance you need to make informed decisions.”

Personalized Guidance Every Step of the Way

Navigating the current market can be challenging, but having expert guidance can make all the difference. At S&D Real Estate, we offer personalized assistance to help you through every step of the home-buying process. Contact us at (863) 824-7169 or email agentcare@sanddrealestate.com.

The decision to buy now or wait depends on your personal goals, but acting sooner allows you to start building equity and securing your financial future. Partner with professionals who can help you understand your options and make the best decision for your situation.

Let us provide the personalized support you need to achieve your homeownership goals.