Schedule time with me # Ready to Become a Happy Homeowner? Dated: July 14 2022 Views: 127 ### Should I Buy a Home Right Now?  If you’ve been thinking about
[buying a home](https://www.simplifyingthemarket.com/2022/06/28/a-key-opportunity-for-homebuyers/?a=1940-ee10a00d9ce1f206ef9b956c7c6b6c48 "buying a home"), you likely have one question on the top of your mind: _should I buy right now, or should I wait?_ While no one can answer that question for you, here’s some information that could help you make your decision. #### **The Future of Home Price Appreciation** Each quarter, _Pulsenomics_ [surveys](https://pulsenomics.com/surveys/#home-price-expectations "surveys") a national panel of over 100 economists, real estate experts, and investment and market strategists to compile projections for the future of [home price appreciation](https://www.simplifyingthemarket.com/2022/06/16/home-price-deceleration-doesnt-mean-home-price-depreciation/?a=1940-ee10a00d9ce1f206ef9b956c7c6b6c48 "home price appreciation"). The output is the _Home Price Expectation Survey._ In the latest release, it forecasts home prices will continue appreciating over the next five years (_see graph below_): [](https://files.mykcm.com/2022/07/12140314/20220713-MEM-Eng-1.png) As the graph shows, the rate of appreciation will moderate over the next few years as the [market shifts](https://www.simplifyingthemarket.com/2022/06/14/is-the-housing-market-correcting/?a=1940-ee10a00d9ce1f206ef9b956c7c6b6c48 "market shifts") away from the unsustainable pace it saw during the pandemic. After this year, experts project home price appreciation will continue, but at levels that are more typical for the market. As Lawrence Yun, Chief Economist at the _National Association of Realtors_ (NAR), [says](https://www.marketplace.org/2022/05/18/signs-that-red-hot-housing-market-may-be-cooling-down/ "says"): > _“People should not anticipate another double-digit price appreciation. Those days are over__. . . ._ _**We may return to more normal price appreciation of 4%, 5% a year**.”_ For you, that ongoing appreciation should give you peace of mind [your investment](https://www.simplifyingthemarket.com/2022/07/01/real-estate-consistently-voted-best-investment-infographic/?a=1940-ee10a00d9ce1f206ef9b956c7c6b6c48 "your investment") in homeownership is worthwhile because you’re buying an asset that’s projected to grow in value in the years ahead. #### **What Does That Mean for You?** To give you an idea of how this could impact your [net worth](https://www.simplifyingthemarket.com/2021/08/30/the-difference-in-net-worth-between-homeowners-and-renters-is-widening/?a=1940-ee10a00d9ce1f206ef9b956c7c6b6c48 "net worth"), here’s how a typical home could grow in value over the next few years using the expert price appreciation projections from the _Pulsenomics_ survey mentioned above (_see graph below_): [](https://files.mykcm.com/2022/07/12140321/20220713-MEM-Eng-2.png) As the graph conveys, even at a more typical pace of appreciation, you still stand to make significant [equity gains](https://www.simplifyingthemarket.com/2022/06/21/the-average-homeowner-gained-64k-in-equity-over-the-past-year/?a=1940-ee10a00d9ce1f206ef9b956c7c6b6c48 "equity gains") as your home grows in value. That’s what’s at stake if you delay your plans. ### **Bottom Line** If you’re ready to become a homeowner, know that buying today can set you up for long-term success as your asset’s value (and your own net worth) is projected to grow with the ongoing home price appreciation. Let’s connect to begin your homebuying process today.  ### [Deanna Dellinger](https://www.lovingeasttennessee.com/agents/269187/Deanna+Dellinger) BUYERS: As a dedicated Realtor in Sevier County, Tennessee, I’m passionate about connecting people with the perfect investment properties in the scenic Smoky Mountains. Whether you'r.... - [](https://www.facebook.com/lovingeasttennessee)
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- [](https://www.linkedin.com/in/deanna-dellinger-164a7511) Login To Leave A Comment # Latest Blog Posts ## [July 2025 Sevier County Real Estate Market Update](https://www.lovingeasttennessee.com/blog/293184/July+2025+Sevier+County+Real+Estate+Market+Update) Posted by [Deanna Dellinger](https://www.lovingeasttennessee.com/agents/269187/Deanna+Dellinger) August 13 2025 [0 comments](https://www.lovingeasttennessee.com/blog/293184/July+2025+Sevier+County+Real+Estate+Market+Update) Sevier County’s real estate market is shifting gears. July 2025 brings cooler listing activity, softer pricing, and longer selling times—but steady sales volumes show that buyers are [Read More](https://www.lovingeasttennessee.com/blog/293184/July+2025+Sevier+County+Real+Estate+Market+Update) ## [Home Prices Have Risen Dramatically Over the Past 5 Years](https://www.lovingeasttennessee.com/blog/271267/Home+Prices+Have+Risen+Dramatically+Over+The+Past+5+Years) Posted by [Deanna Dellinger](https://www.lovingeasttennessee.com/agents/269187/Deanna+Dellinger) March 7 2025 [0 comments](https://www.lovingeasttennessee.com/blog/271267/Home+Prices+Have+Risen+Dramatically+Over+The+Past+5+Years) Your house could be worth way more than you think. Home prices have jumped nearly 60% in the past 5 years, and that means your house is probably worth more too. Here’s how that [Read More](https://www.lovingeasttennessee.com/blog/271267/Home+Prices+Have+Risen+Dramatically+Over+The+Past+5+Years) ## [The Perks of Buying a Newly Built Home](https://www.lovingeasttennessee.com/blog/270827/The+Perks+Of+Buying+A+Newly+Built+Home) Posted by [Deanna Dellinger](https://www.lovingeasttennessee.com/agents/269187/Deanna+Dellinger) March 3 2025 [0 comments](https://www.lovingeasttennessee.com/blog/270827/The+Perks+Of+Buying+A+Newly+Built+Home) Is a Newly Built Home Right for You? The Pros and ConsWhen searching for a home, you don’t want to skip over new builds as an option. Right now, there are more newly built homes to choose from [Read More](https://www.lovingeasttennessee.com/blog/270827/The+Perks+Of+Buying+A+Newly+Built+Home) ## [Options Like Buydowns, ARMs, or Assumable mortgages Could Make Homeownership More Affordable](https://www.lovingeasttennessee.com/blog/269916/Options+Like+Buydowns%2C+Arms%2C+Or+Assumable+Mortgages+Could+Make+Homeownership+More+Affordable) Posted by [Deanna Dellinger](https://www.lovingeasttennessee.com/agents/269187/Deanna+Dellinger) February 24 2025 [0 comments](https://www.lovingeasttennessee.com/blog/269916/Options+Like+Buydowns%2C+Arms%2C+Or+Assumable+Mortgages+Could+Make+Homeownership+More+Affordable) How To Buy a Home Without Waiting for Lower RatesMany people are hoping mortgage rates will come down before they buy a home. But will that actually happen? According to the latest forecasts, [Read More](https://www.lovingeasttennessee.com/blog/269916/Options+Like+Buydowns%2C+Arms%2C+Or+Assumable+Mortgages+Could+Make+Homeownership+More+Affordable) [  Chat With Me ](https://m.me/deanna.dellinger)  Original text Rate this translation