Ashley Mason, a mortgage loan originator with Home USA Mortgage, says it’s time homebuyers hear from a local professional on what’s happening in the market.
The Ahwatukee mother of two contends there is too much misinformation circulating online about recessions that is not immediately applicable to the Phoenix-Metro market.
Mason cautions potential buyers against using generic, “bad” news shared online to make very specific, local decisions.
“I want those in the market to hear directly from an insider on what the good news is,” she said.
“Talking to a loan officer [or originator] is the best way to go” when trying to check the pulse of the market, she said, adding that a local expert can “give you information that makes sense for your credit, your down payment, and other financial situations you may have” within the correct context of local market trends.
Mason offers three considerations for homebuyers to dispel several now-common fears causing many to hesitate, or wait altogether, on their purchase.
First, Mason addresses a pending recession with, “Don’t feel scared to buy.” Millennials, especially, are worried and hesitating to purchase homes because of what they’ve witnessed in the 2008 market crash.
“I get asked weekly, sometimes daily: Do you think the market is going to crash?”
No one wants to end up…