The Cost of Waiting to Buy a Home in Atlanta— Rising Interest Rates

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Many homebuyers in Atlanta tend to sit on the fence, worried about where the market may go, and if there will be a “better” time to buy down the road. While it is important to remember that the real estate market is ever-changing, it is also key to keep in mind that waiting to buy a home does indeed come with a cost— and the longer you wait, the higher the cost!

According to Keeping Current Matters, the cost of waiting to buy a home is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time. In today’s market, interest rates continue to rise and waiting to buy a home until the end of the year could cost you more than you think!

Below is a helpful infographic that details just how much you would spend in additional funds should you wait a few months to buy a home in Atlanta or wait until 2019.

 

Buying a home in Alpharetta, Brookhaven, Buckhead, Dunwoody, Roswell, or Sandy Springs can seem overwhelming, but as your local real estate expert, you can count on me to help you find the perfect home and save money in the long run. Give me a call today for more information about available homes in Metro Atlanta!

I look forward to hearing from you!

Jill Heineck
Associate Broker
Heineck & Company at Keller Williams Realty
Phone: (404) 418-9157
Email: jill@heineckandcompany.com

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