Temecula home prices are on the rise - what will it cost to wait?

By
Real Estate Agent with Real Estate Places CA BRE #01802964

Temecula home prices are on the rise - what will it cost to wait?

Temecula Prices are on the rise - what's the cost of waiting?

Temecula home prices on the rise - what will it cost to wait?You have probably heard that prices are going up, and the new listing this weekend is case in point, a dozen offers and over asking price is nothing to be ashamed of. It is good for the market and for many owners who are underwater, there is light at the end of the tunnel finally. Temecula Home Owners, wondering what your house is worth now? Click here!

However, another part of this plays in, which is on the buyer side, prices are going up, this is an indicator that maybe the economy is doing a little better in Temecula CA. 

Better economy brings something else... The possibility of interest rate hikes, so let's take a look at what that might cost you. This graphic gives you a good idea, of what the cost of home ownership can be with even modest hikes in interest rates. 

As you can see, you don't want to wait too long, if you are looking for a Temecula CA home, come over here and take a peek.

 

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