How Experts Explain A Home’s Cost vs. Price

What is the cost of waiting to buy or sell a home? Simply put, your MONEY.

Today, February 4th, Keeping Current Matters (KCM) wrote a blog called “The Difference Between A Home’s Cost vs. Price.” I would like to share a few high points from the blog that I found to be most beneficial to my readers.

1. The two main factors that determine a home’s “cost” are the home’s appreciation over time and the interest rate at which a buyer can borrow. Simply put, it is the “cost of waiting.”

2. Interest rates are expected to appreciate to 4.5% by the end of 2015. Meaning, if you buy now, your monthly payment will be less than if you buy in the 4th quarter of 2015.

To view this blog post on KCM, please click on the link: The Difference Between A Home’s Cost vs. Price

If this blog is a game changer for you, please feel free to contact me to discuss your real estate needs! Right now is a great time to buy while interest rates are still very low.

About Suzanne O'Brien

The role of a real estate agent is to guide you through the buying and/or selling process and take the time to make sure you understand every step of the transaction. I am absolutely committed to fulfilling your needs with the highest level of professionalism, expertise and service. My commitment to listening and satisfying your needs are the foundation from which a solid business relationship is built. I realize that people do business with people they trust. I am interested in what is best for you, the client, and am committed to establishing a long-term relationship based on trust. In addition, real estate is often times very personal, about family and home and pride myself in developing relationships that now call clients my friends. I pride myself on being knowledgeable and staying current with the fast pace changes in the industry. I approach each clients’ needs individually and am constantly aware of current and upcoming inventory. My creative approach to the business has earned me wonderful associations with both clients and other real estate professionals. I am always working for you…I feel the responsibility to make your dreams a reality…one move at a time.
This entry was posted in Advice On Home Ownership, Bay Area, Home Buying/Selling, Real Estate and tagged , , , , , . Bookmark the permalink.

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