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Should I Buy Now or Wait?

Updated: May 31, 2021

If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again.

Some Highlights

  • Waiting so that you can time the market, may cost you money.

  • Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates.

  • Buying a home now means you’ll spend less in the long run. Contact a local real estate professional to put your plans in motion before home prices and mortgage rates climb even higher.

It can be tough competing as a buyer in this market, but instead of only focusing on the sales price of homes, take a closer look at your monthly payment, interest rate and cost of living. Sometimes it makes more sense to lock in while rates are low and start being your own landlord!


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