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What Is the Cost of Waiting Until Next Year to Buy?

Tuesday, October 1, 2019   /   by DeeDee Meyers

What Is the Cost of Waiting Until Next Year to Buy?


What Is the Cost of Waiting Until Next Year to Buy?



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.