Buy Now or Wait a Year? What Homebuyers Should Do to Avoid Making a Big Mistake
There's a reason homeownership appeals to so many people. When you buy a home, you get an opportunity to build equity in it -- equity you can tap, as needed. And if you're a real estate investor, you may be inclined to buy a home so you can rent it out and generate your share of passive income.
But if you're going to purchase a home, it's important to do so when the timing is right. And these days, it's easy to make the argument that a home purchase is worth postponing a year. Here's why.
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Source Fool.com
