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Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

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

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

October 3rd, 2019 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, infographic, Move-Up Buyers, Rent vs Buy

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.