This infographic defines the "Cost of Waiting to Buy" as the additional funds it would take to buy your dream home if prices and interest rates were to increase over a period of time. Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, and CoreLogic predicts home prices to appreciate by 4.8%. This means that waiting to buy your Greenwood home could end up costing you thousands of dollars a year for the life of your mortgage! If you're ready to make your dream of home owning a reality, don't wait until your luck has run out.  Meet with a real estate professional today to discuss your next steps. Contact us at (864) 341-7774 or lakegreenwoodproperty@gmail.com.