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  • Writer's pictureCurtis Avenir

The Cost of Waiting: Why Not Buying a Home Now Could Be a Costly Mistake

When it comes to buying a home, timing is everything. Many potential buyers may be tempted to wait for the perfect moment to enter the market, but the reality is that waiting could end up costing you more in the long run. As a premier real estate agent in Las Vegas and Henderson, Nevada, Becky Ashby has seen firsthand how much buyers can lose out by not acting quickly when the right opportunity presents itself.

To illustrate this point, let's take a look at a recent example from Becky's portfolio. In November 2020, Becky helped a client sell their home at 769 Easter Lily Pl, Henderson, NV 89011 for $295,000. As the listing agent, Becky worked tirelessly to ensure that her client received the best possible price for their home at the time. However, less than three years later, that same home would likely sell for around $402,700 – an increase of over $100,000 in value.

For potential buyers who may have been considering purchasing a home in that area back in 2020, the cost of waiting is clear. By not acting quickly and securing a home at the $295,000 price point, they missed the opportunity to build significant equity in their home as the market continued to rise. In fact, if they had purchased the home with a typical 20% down payment of $59,000, their initial investment would have grown to over $166,000 in just a few short years – a return on investment of over 180%.

Of course, hindsight is always 20/20, and it's impossible to predict exactly how the market will behave in the future. However, the lesson here is clear: when you find a home that meets your needs and fits your budget, it's important to act quickly and decisively. Waiting for the perfect moment or trying to time the market can be a costly mistake, as prices continue to rise, and inventory remains limited.

That's where having a skilled and experienced real estate agent like Becky Ashby can make all the difference. With her deep knowledge of the local market and her commitment to her clients' success, Becky can help you navigate the complex world of home buying and make informed decisions that will set you up for long-term financial success.

Whether you're a first-time buyer or a seasoned investor, Becky will work tirelessly to help you find the right home at the right price, and to ensure that you don't miss out on the opportunity to build wealth through real estate.

So, if you're considering buying a home in the Las Vegas or Henderson area, don't wait – contact Becky Ashby today at 702-816-6292 or to schedule a consultation.


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