Conditions were determined as the most suitable period to buy a house in cash. Everybody waits for the right time to get home with cheap price and least debt. The end of the researchs determined the best time for this. Ofcourse, price is the main determinant for best time to buy a house. But the amount of money and the market was another main determinant.
Period in which loan rates are low
It was suggested that those who want to make an investment such as buying a house should follow the period in which the interest rate of the loan has decreased. Bank interest rate is very high at this time. Iin this period of high interest rates, experts suggested that the time for buy house by liquidity.
Contractors also offer special financing options on some projects
Contractors offer special financing options for certain house projects during these periods when housing purchases are slowing due to high interest rates. according to experts, these opportunities should also be assessed.
Use less credit as a second option
While some of people reflect to price so that their best preference when shopping for an estate, many purchaser may be ready to spend much money to buy a house. In this case, experts recommended that short-term borrowing is an option to overcome the difficulty of high interest rates. In this way the interest rate will be low. Not only the short term, but also the credit amount should be low.