Published June 1, 2022

Buy Now Before the Deals Dry Up

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Written by Chuck and Susan House

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Right now is the best time for buyers to take advantage of this market.


A lot of people are asking, “Is it a good time to be a first-time buyer or move up to my dream home?”


Now is actually a great time to buy because it’s unlikely that prices will go down. Prices will probably rise by 3% to 5% over the next year, and interest rates are on the rise as well. Now’s a good time to lock in a good rate. Inventory is also starting to slowly increase, and there are even some listings without multiple-offer situations, but most houses are still selling within the first week. For a seller looking to move up, this market is even better because you'll be able to sell your house at a high price and buy your next home at a low interest rate.


If you have any questions, give us a call. Our agents are happy to help you. We look forward to hearing from you.






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Chuck and Susan House

| House Team | Keller Williams - Memphis Central

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