What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]
Last updated on October 10th, 2019 at 12:41 am
![What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]](https://propertiesbykm.com/wp-content/uploads/2019/10/What-Is-the-Cost-of-Waiting-Until-Next-Year-to-Buy-INFOGRAPHIC-2019-Sep.jpg)
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.
