Is it is good for me to wait till finance budget by having thought that after budget prices will get down?

Q: Is it is good for me to wait till finance budget by having thought that after budget prices will get down?

ASHISH RAJESHIRKE,

20th January 2016

Buying property in Pune

investment advice

pune real estate

real estate in 2016

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Replies (2)

Yes, Realty experts believe that the year 2016 will begin on a positive note for the sector and may witness a pickup in sales with an improvement in the number of unsold inventories. The beginning of the year is the time when people make fresh starts and with this hope, various developers are offering property at discounted rates.

Aveek Paul,

21st January 2016

Comment

Hi Ashish,
The best approach is to buy a home when you can afford it. Don't attempt to time mortgage rates and home values. They are almost impossible to predict. If you find the home you want and you can afford to, buy it.

Aveek Paul,

21st January 2016

Comment

I think Aveek is right. Don't try to time the market. The number one factor is your ability to afford a home without getting in over your head. That said, if you are looking for home, interest rates are near historic lows so now appears to be a better time than most for purchasing a home.

bablu pathak,

21st January 2016

I agree with Aveek. It wouldn't be wise to base your decision on future predictions and expectations. There is no hard and fast rule that any of these predictions will come true. The real estate market has always fluctuated constantly and is filled with highs and lows. Base your buying decision on your budget and financial stability.

Manali Shah,

22nd January 2016