Published April 23, 2022

5 Reasons to NOT Buy A Home Right Now

Author Avatar

Written by Ashley Adair

5 Reasons to NOT Buy A Home Right Now header image.

Not everyone should buy a house. There I said it.
(Feels strange...I'm a realtor, after all, but it’s true.)
Even with the historically low-interest rates, homeownership isn’t for everyone. I’ve seen what happens when people buy without really being ready — what’s meant to be an asset becomes nothing but a burden.




Here’s the good news — knowing it IS NOT the right time to buy is just as clarifying as knowing it IS the right time.

To help here another five reasons NOT to buy a home right now:

1. You aren’t happy in your job and/or you’re contemplating a career change.


2. You’re hoping to travel (ALOT) once COVID restrictions lift.


3. You don’t have the best credit or the down payment funds for the house you want.


4. You tend to get antsy after living somewhere a year or two.


5. Everyone around you is doing it. (I get it. Peer pressure is real, but you CAN resist! You’re not in middle school anymore, remember?)

No single one of these eliminates you from homeownership so chat with homeowners you know or a trusted realtor who can help you think through your situation and goals.




Copyright 2020 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated. 



home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way