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

Monday, September 30, 2019   /   by Teresa Kenney Parker

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

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


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 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.



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