Are you ready to buy a home or property right now? Below is a summary of the graphic above for a better understanding:
- 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 predictshome 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.