The current real estate market begs the question as to whether we are standing on the precipice of another bubble with some markets already showing signs of being overheated. If that’s the case, you’re likely in an unsustainable market and the risk that you’re in a bubble is high. Interest rates: With recent years seeing historically low interest rates, some people currently live in homes they wouldn’t be able to afford if they were paying a higher interest rate. When the opportunity of smaller monthly payments disappears with the increase of interest rates, the market will be left with fewer buyers able to afford homes. You don’t want to buy into a market where increasing interest rates will strip away buying power.

Source: Forbes June 06, 2017 13:07 UTC