It's all relative IMHO. The Metro Atlanta Market certainly offers plenty of opportunity now for long-term wealth, peace-of-mind or other objectives important to a buyer. The buyer, however, must also assess whether this is a "good time" by determining if...
â€¢ There is a real desire to own (commitment to continued savings, the search, acquisition, proper care, etc.)
â€¢ Enough savings are available to make the purchase without depleting funds
â€¢ The right property that factors in family plans (i.e. new baby, elder care) is available in the right price range
â€¢ Income streams are healthy enough to consider a purchase at this time
â€¢ There is a likelihood of an employment relocation anytime within the next seven years
â€¢ An agreement can be reached among all involved regarding the right time to dispose of the property
As an agent, you probably already know the importance of these and other considerations, but many home buyers do not. That is why all of my first home owner clients are routinely advised of the various home buying classes that are available in Metro Atlanta so that they can be informed buyers.
REALTORÂ® / HUD-certified Affordable Housing Counselor - Keller Williams Realty Atlanta Partners
I say yes, definitely because prices now are between 1/3-1/2 of the home's previous market value or last sale price and interest rates are super low.