08/07/2026
Waiting could cost you more than you think. 🏡💰
A lot of people are waiting to buy a home because they’re hoping interest rates will come down. That sounds like a smart move, but here’s what many don’t realize.
Let’s say you buy a home today. If home values continue to rise over the next year, you start building equity immediately. If rates drop later, you may even have the option to refinance.
But if you wait a year:
✔️ The same home could cost more.
✔️ You miss out on the home’s appreciation.
✔️ Even if interest rates improve, you can’t get back the equity you never had.
The takeaway? Don’t focus only on the interest rate. Look at the total cost of waiting.
Every situation is different, which is why having a strategy matters more than trying to perfectly time the market.
📩 If you’re wondering whether it makes more sense to buy now or wait, let’s run the numbers based on your situation. You may be surprised by what they reveal.
Dede Smith-Realtor®
eXp Realty-YKTMT
5865 Ridgeway Center Pkwy, 218
Memphis, TN 38120
O: 901-310-4363