It's November, if you can believe it.
The temperatures are dropping, it's dark by mid-afternoon, and new mortgage loan limits are coming in just a few weeks.
It's also a popular time of year for first-time home buyers. Leases are coming up and renters have to choose: Should I rent for another year or should I buy my first place?
Compared to last year, the market looks different. Mortgage rates are up. Home prices are up. Even competition among home buyers is up.
Furthermore, because Congress has yet to pass meaningful legislation to help first-time buyers, the White House had to step up instead.
Despite the tough conditions, though, it's a relatively good time to buy for first-time buyers compared to how the market will look next year. Today's market's not great, but it's better than it will be.
We break it down on the website. Read why now is (still) a good time to buy - even if it doesn't feel like it.
And, as always, let me know how our team can help you reach your homeownership goals.
Happy Homebuying!
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![Is Now A Good Time To Buy A House? [November 2023]](https://cdn1.app-us1.com/8339069bd26e47969682d527066d8b5b/video/image16992381034201340.png "Is Now A Good Time To Buy A House? [November 2023]")
