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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$1,698,000 - 7Br/7Ba - for Sale in Northridge
$1,698,000
Open House
New
MLS# 19468042

19203 Romar Street
Northridge, CA 91324

Property Type: Single Family Residence
Active
7 Beds
7 Baths
6,944 Sqft
$839,000 - 3Br/2Ba - for Sale in Lake Balboa
$839,000
Open House
New
MLS# SR19119596

6828 Encino Avenue
Lake Balboa, CA 91406

Property Type: Single Family Residence
Active
3 Beds
2 Baths
1,450 Sqft
$510,000 - 4Br/2Ba - for Sale in Timberlane (tbln), Canyon Country
$510,000
Open House
New
MLS# SR19119889

29301 Abelia Road
Canyon Country, CA 91387

Property Type: Single Family Residence
Active
4 Beds
2 Baths
1,250 Sqft
$549,999 - 3Br/3Ba - for Sale in Galleria-alta Vista (galra), Valencia
$549,999
New
MLS# SR19120686

24387 Allegra Way
Valencia, CA 91355

Property Type: Townhouse
Active
3 Beds
3 Baths
1,936 Sqft
$799,000 - 4Br/2Ba - for Sale in Custom Sand Canyon (csand), Canyon Country
$799,000
New
MLS# BB19120113

28271 Oak Springs Canyon Road
Canyon Country, CA 91387

Property Type: Single Family Residence
Active
4 Beds
2 Baths
2,178 Sqft
$419,900 - 3Br/3Ba - for Sale in Fairways (frwy), Valencia
$419,900
New
MLS# PW19120393

25782 Vista Fairways Drive
Valencia, CA 91355

Property Type: Townhouse
Active
3 Beds
3 Baths
1,217 Sqft
$749,000 - 3Br/3Ba - for Sale in Chelsea (chel), Valencia
$749,000
New
MLS# SR19118872

26033 Bellis Drive
Valencia, CA 91355

Property Type: Single Family Residence
Active
3 Beds
3 Baths
2,157 Sqft
$599,000 - 4Br/3Ba - for Sale in Van Nuys
$599,000
New
MLS# AR19120641

15407 Saticoy Street
Van Nuys, CA 91406

Property Type: Single Family Residence
Active
4 Beds
3 Baths
2,135 Sqft
$319,000 - 2Br/2Ba - for Sale in Encino
$319,000
New
MLS# SR19118652

5460 White Oak Avenue Unit K202
Encino, CA 91316

Property Type: Condominium
Active
2 Beds
2 Baths
990 Sqft
$1,100,000 - 4Br/3Ba - for Sale in Northridge
$1,100,000
Open House
New
MLS# SR19120850

17161 Halsted Street
Northridge, CA 91325

Property Type: Single Family Residence
Active
4 Beds
3 Baths
3,399 Sqft
$369,500 - 2Br/2Ba - for Sale in Friendly Valley (frv), Newhall
$369,500
New
MLS# SR19121268

26330 Oak Highland Drive Unit C
Newhall, CA 91321

Property Type: Condominium
Active
2 Beds
2 Baths
967 Sqft
$225,000 - 2Br/2Ba - for Sale in Mobile/modular/manufactured (can1) (mcan1), Canyon Country
$225,000
New
MLS# SR19121095

26505 Golden Bush Way Unit 0
Canyon Country, CA 91351

Property Type: Manufacture 433
Active
2 Beds
2 Baths
1,536 Sqft
$510,000 - 2Br/2Ba - for Sale in Other - Othr, Encino
$510,000
New
MLS# 219006248

5353 Yarmouth Avenue Unit 207
Encino, CA 91316

Property Type: Condominium
Active
2 Beds
2 Baths
1,560 Sqft
$570,000 - 3Br/2Ba - for Sale in Winnetka
$570,000
New
MLS# SR19107215

8532 Casaba Avenue
Winnetka, CA 91306

Property Type: Single Family Residence
Active
3 Beds
2 Baths
1,375 Sqft
$800,000 - 4Br/3Ba - for Sale in Northridge
$800,000
Open House
New
MLS# SR19121055

17051 Labrador Street
Northridge, CA 91325

Property Type: Single Family Residence
Active
4 Beds
3 Baths
2,184 Sqft
$509,950 - 3Br/3Ba - for Sale in Canyon Country
$509,950
New
MLS# PW19120430

26808 Hummingbird Circle
Canyon Country, CA 91351

Property Type: Single Family Residence
Active
3 Beds
3 Baths
1,444 Sqft
$445,000 - 3Br/1Ba - for Sale in Custom Canyon Country 1 (ccan1), Canyon Country
$445,000
Open House
New
MLS# SR19120375

17615 Sierra Hill Street
Canyon Country, CA 91351

Property Type: Single Family Residence
Active
3 Beds
1 Bath
1,052 Sqft
$949,000 - 4Br/4Ba - for Sale in Windemere (wind), Valencia
$949,000
New
MLS# SR19120714

26215 Park View Road
Valencia, CA 91355

Property Type: Single Family Residence
Active
4 Beds
4 Baths
3,139 Sqft