What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]
Posted by Dave Van Nus on Friday, September 27, 2019 at 9:00 AM
By Dave Van Nus / September 27, 2019
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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] | MyKCM](https://files.mykcm.com/2019/09/26072655/20190927-MEM-1046x1354.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.
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