Michael A. Jones – PREC* | Royal LePage Kelowna

There's never a good time to buy a home

Most realtors will tell you it’s always a good time to buy.

That’s not true. It’s never a good time to buy. There’s always risk, always fear, and always some kind of problem to consider.

1. In Slow Markets, Risk Feels Looming

When things are quiet, buyers fear they’re catching a falling knife. Prices might drop further. The headlines say “wait it out.” But that same uncertainty means sellers are more flexible—and good deals get missed by those waiting for perfect clarity. 

2. In Hot Markets, Emotion Takes the Wheel

When the market’s buzzing, FOMO takes over. Buyers overpay because everyone else is buying. You fight for a home you “just have to have,” not realizing how emotion is driving the decision. It’s not rational—but it’s normal.

3. And Then There’s the Move Itself

No one likes moving. It’s costly, disruptive, and full of unknowns. Even if you're upgrading, the process is filled with friction. Change always brings a bit of pain.

So When Is the Right Time?

There isn’t one.

Markets go up, down, and sideways. Buying a home is never a clean and easy decision. But if you plan to live in it, enjoy it, and make smart long-term decisions, the best time to buy is when everyone else is scared. Like Buffett said: “Buy when others are fearful.”

And the numbers back it up:
People who bought in May 2024 paid 5.2% less than those who bought in May 2025. Waiting for perfect clarity cost buyers real money.

Fear won’t disappear. So don’t wait for the perfect moment—it doesn’t exist. A good agent helps you navigate the risks, cut through the noise, and make a choice you feel great about.

And if now’s your time, I’d be glad to help.

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This post is for informational purposes only and is not intended as financial advice. Please consult with a qualified professional before making any real estate decisions.