Should You Wait to Buy a House?
- The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
- Freddie Mac predicts interest rates to rise to 4.8% by next year.
- CoreLogic predicts home prices to appreciate by 5.3% over the next 12 months.
Real Estate Bottom Line
If you are ready and willing to buy your dream home, let’s discuss if you are able to!