Time in the Market Beats Timing the Market

Trying to decide whether it makes more sense to buy a home now or wait? There’s a lot to consider, from what’s happening in the market to your changing needs. But generally speaking, aiming to time the market isn’t a good strategy – there are too many factors at play for that to even be possible.

That’s why experts usually say time in the market is better than timing the market.

Em outras palavras, if you want to buy a home and you’re able to make the numbers work, doing it sooner rather than later is usually worth it. Bankrate explains why:

“No matter which way the real estate market is leaning, embora, buying now means you can start building equity immediately.”

Here’s some data to break this down so you can really see the benefit of buying now versus later – if you’re able to. Cada trimestre, Fannie Mae libera o Pesquisa de expectativas de preços residenciais. Pergunta a mais de cem economistas, especialistas imobiliários, e estrategistas de investimento e de mercado o que eles prevêem para os preços das casas nos próximos cinco anos. Na última versão, experts are projecting home prices will continue to rise through at least 2029 – just at a slower, more normal pace than they did over the past few years (veja o gráfico abaixo):

But what does that really mean for you? Para dar contexto a esses números, the graph below uses a typical home value to show how it could appreciate over the next few years using those HPES projections (see graph below). This is what you could start to earn in equity if you buy a home in early 2025.

Neste exemplo, let’s say you go ahead and buy a $400,000 home this January. Com base nas previsões de especialistas do HPES, você poderia ganhar mais do que $83,000 na riqueza das famílias nos próximos cinco anos. Esse não é um número pequeno. If you keep on renting, you’re losing out on this equity gain.

And while today’s market has its fair share of challenges, this is why buying is going to be worth it in the long run. If you want to buy a home, don’t give up. There are creative ways we can make your purchase possible. From looking at more affordable áreas, to considering condos or townhomes, or even checking out down payment assistance programs, there are options to help you make it happen.

So sure, you could wait. But if you’re just waiting it out to perfectly time the market, this is what you’re missing out on. And that decision is up to you.

If you’re torn between buying now or waiting, don’t forget that it’s time in the market, not timing the market that truly matters. Let’s connect if you want to talk about what you need to do to get the process started today.