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Why Home Buyers in Lancaster Co. , PA Are Not Waiting

By Michael J. Perry

Real Estate Agent with KW Elite

July 14, 2016 11:52 PM

Should I Wait Until Next Year? Or Buy Now? [INFOGRAPHIC]

Some Highlights:

The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac predicts interest rates to rise to 4.6% by next year.
CoreLogic predicts home prices to appreciate by 5.3% over the next 12 months.
If you are ready and willing to buy your dream home, find out if you are able to!

Mortgages Rates are at an all time LOW ! Email mikeperrykw@gmail.com

to learn how to be Pre - Approved for a Mortgage .

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Jeff Dowler, CRS

eXp Realty of California, Inc. - Carlsbad, CA

The Southern California Relocation Dude

Michael

This is a very compelling infographic. While many are taking advantage of the rates and market now, my guess is many won't, and will regret it with higher prices and rates next year.

Have a great weekend.

Jeff

Jul 14, 2016 11:54 PM

William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

I don't see rates staying down...many of those with money in the bank are tired of the very very small return and are searching for other ideas.

Jul 15, 2016 07:09 AM