Apr 29, 2021
The budget tip of the week explains why as of 4/28/21 this may be the worst time to buy a home.
Since April of 2020
have jumped 200% and are adding
approximately $24,000 to the price of a new
Prices for steel have risen 22% in the last three months.
Since April of 2020 the price for copper has risen 191%.
In December 2020, the median price for a single-family home increased 13.4% from a year ago to $340,000.
The question is, should you get
in now before this happens?
If you are going to be a first time buyer, you may priced out of the market.
If you sell a current home, you
may get a great price - perhaps it may be part of a bidding
war; however, when you go to buy the new home, you may be part of
that bidding war.