There are plenty of good reasons to make a decision this year to buy a new home if you are in the “thinking about it” stage.  

The “cost of waiting to buy” is defined as the additional funds necessary to purchase a new home if prices and interest rates increase over time, which they are predicted to do, according to the website, Keeping Matters Current.

Freddie Mac has already forecasted interest rates to rise up to at least 4.5% by the end of next year and CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.

Take a look at this chart to see how waiting can cost you a lot of money and then contact us to find out how you can start the process of finding the perfect home at the right price.