Most economic forecasts are calling for higher property values and rising interest rates for the foreseeable future. So if you already have your down payment saved up, there is no reason to wait and lose money. The cost of your property will be higher, you lose out on the equity you would gain by owning as property values go up.
Below Chantal Reyna has provided an example of how much it might cost waiting just one year to buy your home. Annual expenses of an additional $8k per year, and more than $80k in missed property appreciation and lost amortization.
It just doesn't make sense to wait. Call me today and let's find you home now!
Joe McMahon Real Estate, Certified Negotiation Expert, Accredited Property Valuation Specialist. Torrance homes for Sale, Manhattan Village, Manhattan Beach, 90504, 90266, Local Real Estate expert.