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

Dated: 06/10/2019

Views: 29

What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time.
  • Freddie Mac forecasts interest rates to rise to 4.5% by the Q4 2020.
  • 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!
Blog author image

Marc Dosik

As far as I’m concerned, the buck stops with me. As the principal broker at Help-U-Sell Federal City Realty, I can make things happen quickly. You’ll have easy access to the primary decision-mak....

Latest Blog Posts

Home Sales Expected to Continue Increasing In 2020

Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting home sales will increase nicely in 2020.Below is a chart depicting the projections of each

Read More

What’s the Latest on Interest Rates?

Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing

Read More

3 Powerful Reasons to Buy a Home Now

Whether you are a first-time buyer or looking to move up to the home of your dreams, now is a great time to purchase a home. Here are three major reasons to buy today.1. AffordabilityMany people

Read More

5 Powerful Reasons to Own Instead of Rent

Owning a home has great financial benefits.In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained:&ldquo

Read More