Buying a home is a big decision, and timing can make all the difference. With prices continuing to rise, experts agree that waiting may not work in your favor. The national average home price today sits around $400,000. In five years, that same home could be worth over $483,000. In high-demand markets, that increase could easily surpass $160,000.
So what can buyers do? The good news is that there are strategies to make buying more manageable right now. Many sellers are offering concessions or interest rate buydowns, making initial costs easier to handle. And if rates drop later, buyers can refinance to improve their monthly payment.
Waiting may seem like the safer move, but rising home values could price you out of your ideal market. Acting now lets you start building equity while prices are still within reach.
At The Byrne Group, we help you map out a smart, personalized path to homeownership—so you can move with clarity and confidence.
Curious about your options? Let’s connect and make a plan that works for you.