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

Dated: June 13 2019

Views: 1629

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

With interest rates hovering around 4% this year, there is real cost to waiting to purchase until 2020.  Take a look at the scenario below which outlines the benefits of taking advantage of low rates versus the unknown of next year.  

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 & interest rates were to increase over a period of time.
  • Freddie Mac forecasts interest rates to rise to 4.5% by the Q4 2020.
  • CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.
  • If you are ready and willing to buy your dream home, find out if you are able to!

Ready to start your search?  Click here to begin!   

Latest Blog Posts

Mover Resources

Please feel free to contact any of the following companies for quotes on moving. Some will even offer temporary storage solutions.Windy City MoversMove-TasticNew City MovingQuick reminders-Most

Read More

Top 5 Questions to Ask at an Open House

TOP 5 QUESTIONS TO ASK AT AN OPEN HOUSE!Checking out lots of Open Houses these days?  Then you should come prepared with some key questions in hand.  Please see our list of the top 5

Read More

How Are Property Values Affected by Nearby Businesses?

How Are Property Values Affected by Nearby Businesses?____________________The old adage "location, location, location" is as relevant as ever in 2019. Completely independent of a home's age, upkeep,

Read More

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

What is the Cost of Waiting Until Next Year to Buy? With interest rates hovering around 4% this year, there is real cost to waiting to purchase until 2020.  Take a look at the scenario

Read More