Buy now or wait til next year?

What is the Cost of Waiting Until Next Year to Buy?

For home buyers the cost of waiting is significant. (click here - to search for homes)

For home sellers, it is significant because when the interest rates increase, the buyer's affordability decreases. (click here - for how long will it take to sell). 

To discuss your situation, call George Lorimer at 619-846-1244. 

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 the end of 2019.

• CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.

• If you are ready and willing to buy your dream home, find out if you are able to!

Call George Lorimer today to discuss the purchase or sale of your home 619-846-1244.