“What will it cost if you wait to buy your dream house?”

Some Highlights:

  • The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time.
  • Freddie Mac forecasts interest rates to rise to 4.5% by the Q4 2020.
  • CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
  • If you are ready and willing to buy your dream home, find out if you are able to!

 

Bottom Line

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.

To view original article, visit Keeping Current Matters.

Do Elections Impact the Housing Market?

Do Elections Impact the Housing Market?

While Presidential elections do have some impact on the housing market, the effects are usually small and temporary. For help navigating the market, election year or not, let’s connect.

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