Waiting Will Cost You

  • Robby Fields
  • 04/12/21

Waiting Will Be Expensive

As housing prices keep rising, we are starting to see interest rates rise as well. Currently, interest rates hover around 3.125% and are expected to reach  3.75% by December. Similarly, housing prices are expected to rise 8% come December. As you'll see below, each month you wait to buy, your monthly payment will increase by $502 on average.

The cause of all this competition is a historically low inventory of homes, coupled with a record high demand caused by the low interest rates. 

As always, we are here for you every step of the way. Let us know if you need anything. See you next month!

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Robby has exceptional skills when it comes to working with people and negotiations. He is able to connect with his clients and find exactly what they are looking for. All of these traits, along with his passion, knowledge, and his promise to work both hard and smart for you will ensure that you’re in good hands.

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