Should I Buy Now or Wait Until Next Year?
Monday, February 22, 2016
- Key Notes:
- Home prices and interest rates are on the rise. If you are thinking of buying a home in Colorado Springs next year you may want to think again. The amount of home you'll be able to afford will be less.
- Rents are on the rise. If you are currently renting you have probably seen the year over year increase in rental prices which creates another expense for waiting. Have you seen the cost of renting vs owning lately? If not it would be will worth getting a complimentary Loan Analysis to see what a house payment would look like in today's market.