The Cost of Waiting
Interest rates are as low as they have been and we aren't talking about "if" they will rise but "when". What does this mean to you as a home buyer? According to Steven Thomas in his latest Report on Housing the cost of waiting will be between $300 and $600 more per month with just a 1% rise in interest rates. That could mean a big difference over the term of your loan.
Yes, inventory is low, but if you were telling yourself I'm going to wait...you might want to think again and get out there now.
Are you looking for a new home? Give us a call today!