Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Rising Interest Rates-Should you Wait or Buy NOW a Home?
In 2018 Northern Virginia real estate market has been very similar to other parts of the country. We had a tight inventory and a high demand market. Since the beginning of the year as the numbers reflected the rise in the sales price along with a high volume of sale over the numbers from last year sales.
With the current dramatic rise in the interest rates, many home buyers are confused about what is the best decision they can make for their biggest financial investment. 
Here is a simple break down:
Scenario 1: If interested rises but home prices remain the same

 
From the above snapshot, the difference between the current interest rate and future is about $140 per month which adds up to $1680 per year.
 
Scenario 2: If interested rises but home prices decrease by 5%

In the second scenario if we do have a sluggish housing market and home prices drop by historic 5% you waiting out or buying a home now won't make a difference. 
If the 1st scenario where the interest rises but the housing price remains the same some homebuyers may be forced to hold off financially. 

Verdict: To BUY NOW or WAIT to buy a home in the future?
Psychologically many of the home buyers get ... more

__________________________________________________
Are you on The Rain? Grow Your Network!