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The Cost of Waiting

Many first-time homebuyers understand that interest rates and housing prices have been volatile in the last few years. That can mean either risk or, sometimes, reward.

As a potential Home buyer, if you aren't sure if the risk is worth it and are waiting to buy, I ask you to consider these points:

  • Today’s prices and rates are known; tomorrow’s are not.

  • If rates fall yet prices continue to rise, a payment tomorrow could still be higher than today.

  • If both rates and prices rise, a payment tomorrow could be even higher and harder to qualify for.

  • Rising prices can also mean larger required down payments. It can be difficult to save money faster than prices rise.

With years of experience turning house hunters into happy homeowners, my team and I will assist you make the most of your current options and close on your dream home!


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