01/03/2025
As you take a step into the real estate market, you may have questions, and there is one that is frequently asked: When is the best time to buy?
So, what exactly is the cost of waiting? Leigh Ann Carl at Fountain Mortgage has provided a helpful chart to explain how entering the market now can help you save.
A $425,000 home in 2023 could now mean an extra $296 per month.
You could see a $40,000 increase in home prices by 2025 if you wait.
This isn't just about rising rates; itβs also about increasing home prices and missed opportunities to build equity.
Thank you Leigh Ann for this insightful chart!
Lacy Dunsworth
American Heritage, Realtors
816-258-2285
1000 S Commercial Street, Harrisonvile, MO 64701