Most buyers I talk to right now are waiting.
Waiting for rates to drop.
Waiting for the market to cool.
Waiting for something to feel more certain.
I understand that.
But here's what I've learned after 20 years in this business:
The market doesn't wait for you to feel ready.
I bought my first home in Franklin, Tennessee in 2003 for $160,000.
A year later, life threw me a curveball and I had to move out and rent it.
I was terrified.
I was barely covering the mortgage.
2003 Purchase Price
$160K
Value Today
$605K
That same home today rents for $2,800 a month and is valued at $605,000.
I didn't time the market perfectly.
I just got in.
Prices move. Sometimes up. Sometimes sideways. In many markets, they don't fall as much as buyers hope.
Rates move. Sometimes down. Sometimes up. Never on a schedule anyone can predict.
Renting costs too. If you're renting while you wait, every month has a cost.
The decision to buy or wait should be based on your numbers.
Not fear.
Not headlines.
Not what someone told you at a dinner party.
Want to see your numbers?
Text "Zoom" to 615.955.0461I'm Keith Goeringer, an independent mortgage advisor since 2003 with Barrett Financial Group - one of the largest mortgage brokers in the country, backed by 150+ wholesale lending partnerships. On a quick Zoom I'll open the live pricing engine and show you:
Your real payment based on today's rates
Your cash to close across multiple options
How buying now vs. waiting could compare in your specific situation
Where rates are right now and what's available today
And I'll get a time on the calendar to open the pricing engine together.
No form. No pitch. No obligation. Just an honest conversation.
Text Keith: 615.955.0461Keith Goeringer
Independent Mortgage Advisor | 180+ Lenders | Since 2003 | Franklin, TN
P.S. The buyer I told you about - the one with three quotes who almost picked the wrong one - closed last month. He lowered his cash to close by over $2,200 compared to the option he was leaning toward and ended up with a payment that worked for his budget.
That started with one text. Just like this one.
Keith Goeringer | NMLS #488023 | Barrett Financial Group | Franklin, TN
Equal Housing Lender. This is not a commitment to lend. All loans subject to credit approval. Rates and terms subject to change without notice.