Some Highlights:
- The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time.
- Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020.
- CoreLogic predicts home prices will appreciate by 5.4% over the next 12 months.
- If you’re ready and willing to buy your dream home, now is a great time to buy.
source https://www.simplifyingthemarket.com/en/2019/09/27/what-is-the-cost-of-waiting-until-next-year-to-buy-infographic-3/?a=489394-750b3ad95b7715aa39b3f5a8d59f5d51
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