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Don’t Let Your Luck Run Out

By
Real Estate Broker/Owner with The Real Estate Agency (Office License: 265417) 317824

Some Highlights:

  • 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 that interest rates will increase to 4.8% by this time next year, while home prices are predicted to appreciate by 4.8% according to CoreLogic.
  • Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!
Source: Keeping Current Matters | KCM Crew 032117

Comments (2)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Great information for buyers to have and make them get off the fence and buy NOW!

Mar 21, 2017 09:11 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Jennifer, you make some great points here that many do not consider. The home price is NOT the only part of a transaction that can cost a buyer money.

Mar 21, 2017 12:19 PM