Should You Wait for the Market to Cool Down Before Buying a Home?
Posted by Rozi Dover on
If you’ve been house hunting in Auburn or Opelika, you've likely seen homes sell fast—and often above asking price. With rising prices and fierce competition, you may be wondering:
Should I wait for the market to cool down before buying a home?
It’s a smart question—and one I get often as a local real estate agent. The short answer? It depends on your goals, your finances, and how long you're willing to wait. Here's what you need to think about before putting your search on pause.
What Does a “Hot” Market Really Mean?
In a hot real estate market:
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Homes sell quickly, often within days
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Multiple offers are common
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Prices tend to rise due to low inventory and high demand
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Interest rates may start to climb if…
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