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Buying • January 31, 2025

Buy Now or Wait?

by John Ward

Are you torn between whether you should buy a home now or wait for rates to come down? Here’s something to think about.
Expert forecasts show home prices will keep rising for at least the next 5 years. So, waiting means the price of a home will be higher.
But, if you buy now, you’re setting yourself up to benefit as prices rise — and on a $400K home, that could mean gaining over $83K in equity.

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