In today's dynamic market, rising interest rates can cause hesitation among potential homebuyers. However, waiting for rates to drop can backfire. Data shows that many homebuyers who wait end up facing higher home prices when rates eventually decline.
This video explores this trend and delves into the key difference: The price of the home is a permanent cost, while interest rates are flexible. You can lock in a competitive rate today and potentially save money in the long run.
Owning a home historically leads to significant wealth creation compared to renting.
Let's chat! I offer a FREE Cost of Waiting Analysis to help you understand the potential financial impact of delaying your home purchase. Comment "COST" below or send me a direct message.
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