Should You Buy House Now or Wait?!

Should You Buy House Now or Wait?!

Hey, I’m coming out to you to talk about what we are anticipating in 2022 and answer the question Should You Buy House Now or Wait? We will talk about not only in the real estate market but right here at Townsend Realty Group.

For those of you that aren’t familiar with us, we are a local real estate company located in Woodstock, Ga that’s embedded inside of the Keller Williams family. We operate out of the Woodstock area, however, we service the entire north side of the Atlanta Georgia market area. And our specific team, we’re very relationship-based. So in other words, when we have a relationship with a client of ours, they’re a client for life. So we’re really excited about the opportunities that we have laid out for existing clients and our new clients. Because of market conditions, number one. And just because of the plans that we have laid out for the year.

So let me talk about the opportunities that we see for everybody in the real estate market for 2022 and whether you should buy house now or wait. Over the last year, alone, did you realize that home values are appreciated about 20% on average for the last year? The prior year from that, we were up about 16%. So over the last two years, we’ve seen over a 30, about 35% market value appreciation over the last two years alone. We are anticipating that the values will continue to go up through 2022. Not quite sure if it’s going to be 20%. I have a really hard time getting my hands around the fact that it would, but even if it pulls back a little bit and we only see maybe eight to 9% appreciation, that is still really, really good.

There are so many opportunities that are created with that type of appreciation. It’s just mind boggling. So I’m really excited about folks that are planning on taking advantage of that and deciding that buying a house is the right move for them. They got a lot of equity now in their home and they want to take advantage of that. Maybe they’re going to move out of the existing house that they have that isn’t quite fitting their needs.

Let’s face it, everybody’s had a lot of changes over the last couple years and some of those changes have prompted the fact that the house just doesn’t fit your needs anymore. And because of the appreciation that we’ve had over the last couple years, it gives everybody the ability to cash out and then go ahead and find a property that’s going to fit your needs for the long term. For at least the next five or 10 years, right? So, anyways, we’re really excited about those opportunities that are out there for folks. Don’t worry about the inventory. Yes, it is low. However, we are buying and selling houses every single day. Is there inventory out there like it had been in years past? No, but that’s why you need an experienced realtor, like ourselves at Townsend Realty Group, to help you go out and find those opportunities. They are out there, it just takes us a lot of effort to go out and find it for you. But they’re there. It’s happening every single day. We’re finding properties for our buyers every single day. So they’re out there. Don’t just sit back and not take advantage of this market this year. Let’s take advantage of it and get you into a house that you’re really going to love for the next five or 10 years. Okay? So that’s kind of what’s happening in the market as a whole.

Townsend Realty Group, we’ve got all kinds of events that are planned for this year. We got a big event planned for the summer. Not really quite sure exactly where it’s going to be, but usually that happens in July sometime. We’ll go ahead and usually rent out some place. Like last year, we did Reformation Brewery. Had everybody come out and just have a good time. Have some food, we’ll buy you a beer. And then we got a couple other little surprises that we have up our sleeves for folks throughout the year. They’re just going to be surprises and you’ll just have to be surprised. So, those are some of the things that we’ve got planned right here at Townsend Realty Group for 2022. Super excited about the opportunities though, and really excited about the market opportunities that are out there for everybody, all of our clients and our future clients as well. So anyways, thanks for listening. If you want to subscribe, we’ll be doing some updates throughout the year and I’d love to hear from you. Everybody have a good one. We’ll talk to you soon. Thanks.

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