home buying: What If I Wait Until Next Year To Buy A Home?
- 03/19/16 06:51 AM
As a real estate broker in the greater Seattle and Bellevue areas, a question I get asked often is where are home values heading. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned only about price but also about the ‘long term cost’ of the home. Let us explain. There are many factors that influence the ‘cost’ of a home. Two of the major ones are the home’s appreciation over time, and the interest rate at which a buyer can borrow (3 comments)