Waiting to Buy? Here’s Why You Shouldn’t
With home prices and mortgage rates where they are right now, you may be wondering – should I wait it out, or buy now? I get it. Buying a home is a big decision. But here’s the deal: home prices aren’t dropping. In fact, experts say they’ll keep rising. And even though it’ll be at a much slower pace than we’ve seen over the last few years, the longer you wait, the more expensive your future home will be. Let’s break down the numbers. Today, the average price of a home is about four hundred thousand dollars (clearly that’s a national average and not the Greater Boston area average). But in just five years, that same home will cost a little over four hundred and eighty-three thousand dollars. When you think about this in terms of net worth you’ll gain, that’s a solid return on your investment in a seriously short amount of time. The question isn’t *if* prices will go up, it’s whether you’ll be the one benefiting from them as they do. What’s your next move? Let’s connect and craft your plan so you don’t miss out on what’s ahead!
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