Buy an Atlanta Home Now or Wait Until Next Year?
The question on every Atlanta homebuyer‘s mind as we move toward the end of 2018 is whether or not to buy a home now— or wait until next year. While the summer months are indeed a busy time in the real estate market, remember that these next few months can be just as beneficial for finding a great deal on a home and securing a great mortgage rate!
Below is a helpful infographic from Keeping Current Matters that can help you see the difference between buying an Atlanta home now and waiting until next year:
If you choose to wait to buy a home in the ATL, your cost of waiting to buy—defined by the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time—could be much more than you expected! After all, Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of 2019 and CoreLogic predicts home prices to appreciate by 5.1% over the next 12 months.
Email Jill@HeineckAndCompany.com to see if now’s YOUR time!
Heineck & Company at Keller Williams Realty
Phone: (404) 418-9157
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