Is now a good time to buy a house? 2020 has been a crazy year and even real estate has been effected. Many first time home buyers want to know if 2020 is a good time to buy a house. I'm going to share with you my Top 3 Pros and Cons of buying in 2020.

There are a lot of factors to consider when deciding if 2020 is a good year to buy a house. First, are you in a good position to purchase a home financially. Are your financial circumstances unlikely to change? You don't want to get into a mortgage if you are likely to have financial challenges. Next, do you have the time necessary to purcahse a home? Buying a home takes time, so it's important to give yourself the necessary time to complete your purchase. Also, you'll want to make sure that you're going to be in your new home long enough to recoup the costs of purcashing.

There are really 3 top reasons why 2020 may not be a good year to purchase your first home. They are: low affordability, lack of homes for sale, and lots of competition. These make home buying difficult. But, there are also 3 top reasons why now is a great time to buy a house in 2020. They are: interest rates, tight inventory, and affordability.

If you are on the fance about whether buying a home in 2020 is for you, then you don't want to miss this.

📺 Want to learn more? Check out my playlist How To Prepare To Buy A House. https://www.youtube.com/playlist?list=PLfINoTnqEsmEeeAAXyYWo8g_2ldXmOEMd 📺

➡️ Like the information I share on this channel? Make sure to hit the subscribe button and turn on notifications so you'll won't miss a single episode. ⬅️

🎙️ You can find my Arizona First Time Home Buyer Podcast on your favorite podcast app, or give it a listen at https://www.spreaker.com/show/the-arizona-first-time-home-buyer-podcast 🎙️

💰 Find out how you may qualify to receive up to $16,588 in down payment assistance in Arizona by visiting my website at www.yourfirsthomeaz.com 💰

🏠 Join me on Facebook at facebook.com/azfirsttimehomebuyers 🏠

Have a question or want to get started on purchasing your first home? You can also reach me at:
Chris Eppich
Associate Broker
HomeSmart
(480) 295-9431
[email protected]