Should I Buy A House Now Or Wait Until 2018 -
The benchmark 30-year fixed-rate mortgage averaged 3.99% at the end of 2017.
Housing market forecast : Experts weigh in on 2018 real estate should i buy a house now or wait until 2018
If you prioritized monthly affordability , buying in 2017 was generally the better move to secure a lower interest rate. If you were focused on selection and were willing to pay a premium in interest for a house that better fit your needs, waiting for the 2018 inventory bump was a viable, albeit more expensive, strategy. AI responses may include mistakes. Learn more The benchmark 30-year fixed-rate mortgage averaged 3
Home prices rose roughly 6.3% nationally in 2017. By buying earlier, homeowners could capture this equity growth rather than paying a higher entry price later. AI responses may include mistakes
For those who waited, the primary hope was a . Some analysts predicted that more homeowners would list their properties, potentially slowing the rapid price surges seen in previous years.
The decision between buying a home in late 2017 versus waiting until 2018 presents a classic tradeoff between and potential inventory relief . The Case for Buying in 2017
Buyers faced extreme competition and a "tight" inventory environment, with the supply of homes for sale hitting record lows. The Case for Waiting Until 2018