WAITING to Buy a Home Will COST You Money!

The inaugural Opportunity Cost Report was released recently by realtor.com. The report explained that “with interest rates and home prices expected to climb in the next year, the financial penalties of delaying or forgoing a home purchase in today’s market have become very steep”.

Experts believe that both home prices and mortgage interest rates will increase over the next twelve months. Obviously, if this does happen, the monthly cost of a home a year from now will be dramatically higher than it is today.

Price in 5 years

Bottom Line

If you are ready, willing and able to buy a home, waiting doesn’t make sense!

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If you are ready, willing and able to buy a home, waiting doesn’t make sense!

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