Sean Taylor - Alpha Realty

Exciting day to help this couple with the purchase of their first home.

Waiting for home prices to come down? Here's why that's likely not the best course of action. Most forecasts are predicting another 7.5% increase on home prices this year compared to 2021 and interest rates have a very real possibility of jumping up a full percentage point by the end of the year. That means, a $250,000 house last year will cost $268,750 this year and your principal and interest will jump from $1,074 to $1,269. The real kicker is that over the life of a 30yr loan, you'll pay 49% more interest (103k up to 154k). Now may very well be your best available time to buy. Let me know if I can help.