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Two Reasons Why Waiting a Year To Buy Could Cost You

Published 3 months ago

When asking IF you should buy a home, you probably think of the non-financial benefits of owning a home as a driving motivator. When asking WHEN to buy, the financial benefits make it clear that doing so now is much more advantageous than waiting until next year.

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait, you need to ask yourself two simple questions:

- What will home prices be like by the end of 2022?
- Where will mortgage rates be by the end of 2022?

Have more questions? Reach out above to start the conversation.

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