Don't Wait, Buy Now
Within the next 12 months, prices will change.
The cost of a home is influenced by appreciation over time and interest rates. According to the Home Price Index, prices are expected to increase by 4.7% by this time next year. Also, the Economic Commentary & Projections Table by Freddie Mac, projects that 30-year fixed mortgages will appreciate by 4.7% too.
The impact to buyers will be felt.
A home that is selling for $250K today will end up costing around $200/mo more by this time next year due to the above factors.
Act now, while you can get a good deal.
In other words, the cost of waiting is only increasing. Skyrise Real Estate Group is here to help our clients not pay more. So, contact us today at: 408-634-3473