Fear of Overpaying Many Buyers Want to Wait But Should They
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In a recent survey conducted by Zoocasa, 60% of respondents said they are looking to buy a home in the near future, but 50% reported that they are planning to wait a year or longer. Timing any market, including the real estate market, is by no means easy, nor is it an exact science. The report points to the quick downward shift in the market seen earlier this year, as well as the rapid return of buyer conditions, as just two examples of how suddenly and unexpectedly the market can change.
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