The Cost of Waiting to Buy
In today’s hot market, you don’t want to make the mistake of waiting to buy and missing out on a good deal!
Sometimes it’s more expensive to wait! The phoenix area is a hot market, predicted by Realtor.com to be the #1 housing market! Interest rates are currently on the rise as well, predicted to rise up to the 4.5% range this year. With the rise in home prices and interest rates, you could miss out on the current monthly payment savings, the appreciation potential of the property, and potentially the savings in paying rent.
If you are ready to buy within the next year, start your search now! It can take months to find the perfect property and with the right agent, you can get in now before the rise in cost.