Why 2023 is a Great Year to Buy Real Estate
Posted by Jordana Tobel on Friday, January 6, 2023 at 2:11:08 PM
By Jordana Tobel / January 6, 2023
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As we enter the new year, many people are starting to think about their long-term plans and goals, and for some, that may include the purchase of a new home. If you're considering buying real estate in 2023, here are a few reasons why this year might be the perfect time to take the plunge.
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Interest rates are still low.
Despite a recent uptick, mortgage interest rates remain near all-time lows, making it an attractive time to borrow money to buy a home. Low interest rates can save you thousands of dollars over the life of your loan, so if you're thinking about buying a home, now may be the time to act. -
Home prices are rising, but not too quickly.