Expert Insights for Today’s Homebuyers

If you want to buy a home today, here are a few things experts say you should know about what to expect and why homeownership is so important.

Michael Lane, VP and General Manager, ShowingTime:

“Buyers will continue to see less competition for homes and have more time to tour homes they like and consider their options."

Mark Fleming, Chief Economist, First American:

“While mortgage rates are expected to continue to drift higher over the coming months, much of the rapid increase in rates is likely behind us."

Danielle Hale, Chief Economist, realtor.com:

“The key to making a good decision in this challenging housing market is to be laser focused on what you need now and in the years ahead, so that you can stay in your home long enough that buying is a sound financial decision."

CNET:

“Homeownership is still considered one of the most reliable ways to build wealth. When you make monthly mortgage payments, you're building equity in your home. . . . When you rent, you aren't investing in your financial future the same way you are when you're paying off a mortgage.”