The Takeaway:

• Major financial and property analyst, CoreLogic predicts home values will appreciate by 5.0% over the next 12 months.
• Mortgage giant, Freddie Mac predicts interest rates to increase to 4.4% by next year.
• 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.

Before you consider signing and/or renewing your current lease, call or text me at 727.755.3434, so that together we can determine if you are able to buy a home of your own and lock in your monthly housing expense.

 

 

 

 

** Please note that data and statistics quoted above are based on a national level.  Always consult a competent real estate practitioner familiar with your local market, as real estate is geographically influenced **