Buy a House Now or Wait Until Next Year?

Buy a House Now or Wait Until Next Year?

Should I buy a house now or wait to buy until next year?

Are you one of the many Millennials (born between 1981 – 1997) who sees your friends and family buying real estate and wondering if now is the time for you to buy a house?

 

 

Find out the difference a year could make in the real estate market!

 

NOW:

  • Interest Rate 3.83%

  • Home Price $250,000

  • Mortgage Payment Per Month  – Principal & Interest

    Help-U-Sell Real Estate - Buy a House Now

NEXT YEAR:

  • Interest Rate Freddie Mac Projection 2018 4.40%

  • Home Price CoreLogic Projection (+5.0%) $262,500

  • Mortgage Payment Per Month – Principal & Interest $1,314.50

Help-U-Sell Real Estate - Buy a House Next Year

 

The Cost of Waiting to Buy a house 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. 

 

 

What Will It Cost If You Wait To Buy Your Dream House?

Help-U-Sell Real Estate - Buy a House: At age 61, you would have spent an additional $52,319 on your home.
At age 61, you would have spent an additional $52,319 on your home. At that tim in your life retirement is in your future.

 

Source: CoreLogic, Freddie Mac, Bankrate

 

 

Buying a house? Search houses for sale here, we have complete Multiple Listing Service (MLS) of residential houses for sale in Lake Balboa, Van Nuys, Reseda, Woodland Hills, Chatsworth, Canoga Park, North Hills, Northridge, Tarzana, Encino, or any other San Fernando Valley and Santa Clarita Valley area real estate.

 

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$680,000 - 3Br/4Ba - for Sale in The Liberty-belcaro (librt), Valencia
$680,000
New
MLS# SR19028861

23717 Cottonwood Court
Valencia, CA 91354

Property Type: Single Family Residence
Active
3 Beds
4 Baths
2,323 Sqft
$974,900 - 5Br/4Ba - for Sale in Vista Point (vstp), Valencia
$974,900
Open House
New
MLS# SR19029324

25582 Via Velador
Valencia, CA 91355

Property Type: Single Family Residence
Active
5 Beds
4 Baths
4,037 Sqft
$1,049,000 - 4Br/3Ba - for Sale in Woodlands 1 (wdl1), Canyon Country
$1,049,000
Open House
New
MLS# SR19037940

15715 Beaver Run Road
Canyon Country, CA 91387

Property Type: Single Family Residence
Active
4 Beds
3 Baths
2,500 Sqft
$929,000 - 5Br/4Ba - for Sale in Chelsea (chel), Valencia
$929,000
Open House
New
MLS# SR19039625

26425 Emerald Dove Drive
Valencia, CA 91355

Property Type: Single Family Residence
Active
5 Beds
4 Baths
2,867 Sqft
$449,500 - 2Br/3Ba - for Sale in Lake Balboa
$449,500
New
MLS# SR19039958

6824 Forbes Avenue
Lake Balboa, CA 91406

Property Type: Townhouse
Active
2 Beds
3 Baths
1,170 Sqft
$515,000 - 2Br/3Ba - for Sale in Van Nuys
$515,000
Open House
New
MLS# 19433542

14102 W Spruce Lane
Van Nuys, CA 91405

Property Type: Single Family Residence
Active
2 Beds
3 Baths
1,520 Sqft
$629,000 - 3Br/3Ba - for Sale in Winnetka
$629,000
New
MLS# 19436424

7043 Corbin Avenue
Winnetka, CA 91306

Property Type: Single Family Residence
Active
3 Beds
3 Baths
2,133 Sqft
$669,000 - 5Br/3Ba - for Sale in Lake Balboa
$669,000
Open House
New
MLS# CV19039793

6953 De Celis Place
Lake Balboa, CA 91406

Property Type: Single Family Residence
Active
5 Beds
3 Baths
2,033 Sqft
$559,500 - 4Br/3Ba - for Sale in American Beauty Classics (ambc), Canyon Country
$559,500
Open House
New
MLS# SR19039601

26720 Cynthia Court
Canyon Country, CA 91351

Property Type: Single Family Residence
Active
4 Beds
3 Baths
1,962 Sqft
$260,000 - 1Br/1Ba - for Sale in Canyon Country
$260,000
Open House
New
MLS# 19435680

18006 River Circle Unit 8
Canyon Country, CA 91387

Property Type: Condominium
Active
1 Bed
1 Bath
809 Sqft
$519,900 - 2Br/3Ba - for Sale in Valley Glen
$519,900
Open House
New
MLS# SR19039296

13940 Oxnard Street
Valley Glen, CA 91401

Property Type: Townhouse
Active
2 Beds
3 Baths
1,233 Sqft
$569,000 - 3Br/1Ba - for Sale in Lake Balboa
$569,000
Open House
New
MLS# SR19039427

7457 Amestoy Avenue
Lake Balboa, CA 91406

Property Type: Single Family Residence
Active
3 Beds
1 Bath
1,100 Sqft
$949,000 - 4Br/2Ba - for Sale in Van Nuys
$949,000
New
MLS# 19436518

15426 Lull Street
Van Nuys, CA 91406

Property Type: Single Family Residence
Active
4 Beds
2 Baths
2,873 Sqft
$545,000 - 2Br/2Ba - for Sale in Sherman Oaks
$545,000
Open House
New
MLS# 19436556

5411 Tyrone Avenue Unit 103
Sherman Oaks, CA 91401

Property Type: Condominium
Active
2 Beds
2 Baths
1,561 Sqft
$648,000 - 4Br/2Ba - for Sale in Tarzana
$648,000
Open House
New
MLS# SR19032121

6323 Canby Avenue
Tarzana, CA 91335

Property Type: Single Family Residence
Active
4 Beds
2 Baths
1,531 Sqft
$549,900 - 3Br/3Ba - for Sale in Mtn. View Cottages (mtvc), Saugus
$549,900
New
MLS# SR19027439

22812 Boxwood Lane
Saugus, CA 91390

Property Type: Single Family Residence
Active
3 Beds
3 Baths
1,450 Sqft
$699,000 - 3Br/3Ba - for Sale in Sherman Oaks
$699,000
New
MLS# SR19039381

14535 Margate Street Unit 14
Sherman Oaks, CA 91411

Property Type: Townhouse
Active
3 Beds
3 Baths
1,690 Sqft
$569,900 - 3Br/2Ba - for Sale in Timberlane (tbln), Canyon Country
$569,900
Open House
New
MLS# SR19039503

14819 Begonias Lane
Canyon Country, CA 91387

Property Type: Single Family Residence
Active
3 Beds
2 Baths
1,583 Sqft