Should I Wait Until Next Year to Buy? Or Buy Now?

Personally, I have never, ever, found it advisable to wait on a real estate transaction.  I bought a property in '08, three months before the crash.  It has now doubled in value.  Could I have waited and gotten it a little cheaper?  Yes.  But then I might not have gotten that house in that neighborhood.  And when the economy looks good, it never pays to wait....time to get off the couch.

Should I Wait until next Year to Buy? Or Buy Now? [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
  • Freddie Mac predicts interest rates to rise to 5.1% by 2019.
  • CoreLogic predicts home prices to appreciate by 4.3% over the next 12 months.
  • If you are ready and willing to buy your dream home, find out if you are able to!

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