Thinking of Waiting to Buy a Home? There will be a cost.
What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]
Some Highlights:
- The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time.
- Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020.
- CoreLogic predicts home prices will appreciate by 5.4% over the next 12 months.
- If you’re ready and willing to buy your dream home, now is a great time to buy.
Have questions about the home buying or selling process? Are you an agent looking to advance your career? Contact us now for a free, no obligation session with a Premier agent. 516 795 1000
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