Should I Still Buy in 2022?

Article Overview
Points to Consider

Should you still bother to move this year?
Let’s talk about it. Obviously rates are going from low to high so now is the time to consider wants versus needs.

Could a move benefit you and/or your family?
Will it improve your quality of life?
Will it save you money or be worth the added cost?
Is there a Life ROI attached to a potential move?
Will you be happier?

If you answered NO to any of these, you need to thoughtfully consider if moving is a wise choice in your life right now. If it’s going to cost more without great benefit to outweigh that (Life ROI) then maybe now is not the time.

If you answered YES to all of these it’s probably smart for you to move. Analyze your finances, credit profile, and motivation to move and as a household make the decision to sell and move or purchase your first home. Talk to a lender to confirm your buying power and likely expenses.