Should I Wait to Build a House in 2022
Icon Building Group

Should I Wait to Build a House in 2022

We are going through an economic cycle that professionals refer to as an inflationary market, and there is a pretty good chance that this will impact almost every single financial decision that you are going to make both in the near future as well as in the longer term. One thing that you might be wondering is whether or not you should build that dream home that you have always craved or if you should wait a little while before getting started with that project.

The truth of the situation is that bear markets can be difficult to predict, but whether you want to do it now or laterĀ Icon Building Group are the best people to call for the job. This is because of the fact that they have a really good reputation in the market, although timing still matters so you would do well to figure out if the time is actually right. Based on our findings, stocks have yet to hit bottom and real estate usually lags behind equities which means that the real estate market is in for a bit of a dip over the next twelve months.

Icon Building Group

Once equities begin to reach the lowest prices for the decade, people will stop focusing on home building and start to pour their money into stocks and bonds instead. The fact of the matter is that this will result in a drop in home prices and that will be when the iron is hottest for you to consider striking. Home builders will recommend that you wait for now, otherwise the house that you have built will stagnate in value before it finally starts appreciating.