Should I Buy Now or Wait?
This is a short and right to the point summary of why it makes great sense to buy that first house now or sell, and make that move up buy now.
If the house you want costs $250,000 now, waiting a year will cost you almost $3,000 a year or $85,000+ over the life of a 30 year mortgage.
Or double those numbers if you are looking in the $500,000 range.
Should I Wait Until Next Year? Or Buy Now? [INFOGRAPHIC] | MyKCM

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!
┬áLike more information, just call or text 484-574-4088 for the “Dad and Daughter Talk Real Estate Hot Line.
Free advice that is actually worth a lot.

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