Hidden Cost Of Owning A Home

Hidden Cost Of Owning A Home

The cost of owning a homre

As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As a buyer, you must be concerned not about price but instead about the ‘long term cost’ of the home.

The Mortgage Bankers Association (MBA), the National Association of Realtors, Fannie Mae and Freddie Mac all projected that mortgage interest rates will increase by about three-quarters of a percentage point over the next twelve months.

According to CoreLogic’s most recent Home Price Index Report, home prices will appreciate by 5.2% over the next 12 months.

What Does This Mean as a Buyer?


David D McElroy 

HomeFinder


Rogers Healy Headshot
Author:
Phone: 214-676-4270
Dated: December 14th 2015
Views: 704
About Rogers: Rogers Healy, a native Texan, has lived in Dallas for the majority of his life. Before moving to Dal...

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Rogers Healy and Associates
4925 Greenville Ave. #360
Dallas, TX
214-238-8589