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What is the Cost of Waiting Until Next Year to Buy?

By
Real Estate Agent with RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio

Cost of waiting

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 5.1% by the end of 2019.
  • CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
  • If you are ready and willing to buy your dream home, find out if you are able to!
  • Give me a call today at 330-352-9513 or email me at tony@tonymorganti.com and we'll get you started
Posted by

 

Tony Morganti, CRS, ABR

330-352-9513

Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Tony, a great question should I wait or buy now. A question I hear from time to time my self. I turn it around and talking with renters with What is your interest rate now? My answer is 100%. You're paying the landlord 100% every month. It helps me. 

Jan 22, 2019 06:27 AM