Is Now a Good Time to Buy a Home?

“Should I buy now, or should I wait?”

It’s the most common question buyers ask—like the market is eventually going to tap them on the shoulder and say, “Okay, now’s the time.” The reality? That moment rarely comes with a clear signal.

Here’s what most people don’t realize: over the last 50+ years, U.S. home prices have increased in about 80% of all years. Even when markets slow, prices usually level out rather than crash—especially in desirable Southern California areas like Corona and Riverside County.

Interest rates matter too. A 1% increase in rates cuts buying power by roughly 10%. So while many people wait for rates to drop, rising prices often cancel out any potential savings. The truth is, you can refinance a rate later—but you can’t change the price you paid.

Meanwhile, renting means paying 100% interest with zero equity. No appreciation. No tax benefits. And rent increases you can’t control.

Buying makes sense when the payment fits your life—not when the market feels “perfect.” Waiting for ideal conditions often costs more than buying in a normal, steady market.

That’s why working with a local expert matters. At Diana Renee Homes, the focus is on smart, strategic decisions based on what’s actually happening in the local Corona real estate market, not headlines or pressure.

If you’re wondering whether now is the right time to buy, let’s talk it through—no hype, just honest guidance so you can move forward with confidence.