Wealthy Living

What the Future Holds for Housing Market Buyers as Inflation and Interest Rates are Rising

There have been so many changes in the housing market in the past few years that experts cannot form a uniform opinion.

There are whispers of a housing market crash, while some experts believe it is thriving and will continue to do so.

Where does that leave homebuyers and sellers ready to invest their livelihood in the ever-changing, seemingly unstable market?

Expert Advice for First-Time Home Buyers and Homeowners

We have asked expert financial and real estate bloggers for their advice to help first-time homebuyers and homeowners looking to sell. Here are their thoughts:

1. Focus on How Long You Plan to Own the Home

Greg Wilson, a Chartered Financial Analyst with 22+ years of real estate investing experience, says that buying a house depends on your time horizon, not the market.

2. Buying a Primary Residence is Not an Investment

Andrew Herrig of Wealthy Nickel distinguishes between buying properties for investment and buying to have a roof over your head.

He said, "As a homeowner and a real estate investor, I have bought and sold dozens of homes over the past 15 years.

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