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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$599,000 - 4Br/3Ba -  for Sale in Not Applicable - 1007242, North Hills
$599,000
New
MLS# 218004913

10208 Monogram Avenue
North Hills, CA 91343

Property Type: Single Family Residence
$529,000 - 3Br/2Ba -  for Sale in North Hills
$529,000
Open House
New
MLS# BB18097011

9550 Natick Avenue
North Hills, CA 91343

Property Type: Single Family Residence
$734,900 - 5Br/3Ba -  for Sale in Wildwood Hills (wldw), Saugus
$734,900
Open House
New
MLS# SR18094576

28011 Beau Court
Saugus, CA 91350

Property Type: Single Family Residence
$1,549,000 - 4Br/3Ba -  for Sale in Encino
$1,549,000
Open House
New
MLS# SR18090446

4952 Noeline Avenue
Encino, CA 91436

Property Type: Single Family Residence
$1,988,000 - 6Br/5Ba -  for Sale in Northridge
$1,988,000
New
MLS# SR18094980

9720 Amestoy Avenue
Northridge, CA 91325

Property Type: Single Family Residence
$589,000 - 4Br/2Ba -  for Sale in Winnetka
$589,000
New
MLS# SR18097102

20247 Parthenia Street
Winnetka, CA 91306

Property Type: Single Family Residence
$724,999 - 4Br/3Ba -  for Sale in Nouvelle (nouv), Valencia
$724,999
Open House
New
MLS# SR18095959

23670 Silverhawk Place
Valencia, CA 91354

Property Type: Single Family Residence
$749,000 - 3Br/3Ba -  for Sale in Sherman Oaks
$749,000
Open House
New
MLS# SR18096145

14349 Hatteras Street
Sherman Oaks, CA 91401

Property Type: Single Family Residence
$597,500 - 4Br/3Ba -  for Sale in Mountain View (mtvu), Saugus
$597,500
Open House
New
MLS# SR18096474

20420 Calhaven Drive
Saugus, CA 91390

Property Type: Single Family Residence
$659,900 - 4Br/2Ba -  for Sale in Northridge
$659,900
Open House
New
MLS# SR18096519

8903 Lindley Avenue
Northridge, CA 91325

Property Type: Single Family Residence
$983,888 - 5Br/4Ba -  for Sale in Northridge
$983,888
Open House
New
MLS# SR18096597

9617 Claire Avenue
Northridge, CA 91324

Property Type: Single Family Residence
$385,000 - 2Br/2Ba -  for Sale in Van Nuys
$385,000
Open House
New
MLS# SR18007009

7409 Woodman Avenue Unit 111
Van Nuys, CA 91405

Property Type: Townhouse
$649,000 - 3Br/2Ba -  for Sale in North Hills
$649,000
Open House
New
MLS# SR18090886

16631 Osborne Street
North Hills, CA 91343

Property Type: Single Family Residence
$679,000 - 3Br/2Ba -  for Sale in Sherman Oaks
$679,000
Open House
New
MLS# SR18092911

14357 Collins Street
Sherman Oaks, CA 91401

Property Type: Single Family Residence
$510,000 - 2Br/2Ba -  for Sale in San Fernando
$510,000
New
MLS# SR18096331

605 N Meyer Street
San Fernando, CA 91340

Property Type: Single Family Residence
$399,990 - 2Br/2Ba -  for Sale in Mtn. View Courtyards (mtco), Saugus
$399,990
New
MLS# SR18097006

22943 Banyan Place Unit 308
Saugus, CA 91390

Property Type: Condominium
$580,000 - 4Br/3Ba -  for Sale in Van Nuys
$580,000
New
MLS# SR18096937

15105 Marlin Place
Van Nuys, CA 91405

Property Type: Single Family Residence
$544,950 - 4Br/3Ba -  for Sale in California Summit (casu), Canyon Country
$544,950
Open House
New
MLS# SR18096649

19781 Blackbird Lane
Canyon Country, CA 91351

Property Type: Single Family Residence