Thursday, May 23, 2013

House Prices Projected to Increase In The Next Year!!




  




Experts have projected that U.S. home prices will 
appreciate by 5.4% in 2013.
If we assume that prices will rise about the same 5% over the next twelve months, here is the difference a buyer will pay if they wait a year.














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 The Mortgage Bankers Association,
Fannie Mae and the  National Association of Realtors have all projected that the 30-year mortgage rate will be at least 
4% by the end of 2013.  If we assume that rates will still be at 4% in twelve months, 
here is the difference a buyer will 
pay if they wait.




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If we assume that prices go up by approximately 5% in 2013 and interest rates will rise at least 4% by the end of 2013 as projected, here is the monthly difference a buyer may pay if they wait a year.











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We know that the market today is great for both buyers and sellers!  However, What tomorrow brings no one really knows?  Experts can project but we still don't really know?
Take advantage of today's market and you could possibly come out ahead!

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