[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fwnewml8lodbi":3,"$ffeh0925h8cuz":55,"$f2emv3tus0uf1":59,"$fbwk2pqjjqsc7":63},{"item":4,"previous":43,"next":49},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":41,"updatedAt":42},1079,"what-if-i-wait-until-next-year-to-buy-a-home-2","What If I Wait Until Next Year to Buy a Home?","We \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002Fen\u002F2018\u002F05\u002F01\u002Fhow-much-has-your-home-increased-in-value-over-the-last-year\u002F\">recently\u003C\u002Fa> shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F04\u002F26121110\u002F20180507-Share-STM.jpg","We \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002Fen\u002F2018\u002F05\u002F01\u002Fhow-much-has-your-home-increased-in-value-over-the-last-year\u002F\">recently\u003C\u002Fa> shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market.\u003C!--more-->\r\n\r\nAs a seller, you will likely be most concerned about \u003Cem>‘short-term price’ \u003C\u002Fem>– where home values are headed over the next six months. As a buyer, however, you must not be concerned about price, but instead about the \u003Cem>‘long-term cost’ \u003C\u002Fem>of the home.\r\n\r\nThe \u003Cem>Mortgage Bankers Association\u003C\u002Fem> (MBA), \u003Cem>Freddie Mac, \u003C\u002Fem>and\u003Cem> Fannie Mae\u003C\u002Fem> all project that mortgage interest rates will increase by this time next year. According to \u003Cem>CoreLogic’s\u003C\u002Fem> most recent \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Finsights-download\u002Fcorelogic-home-price-insights.aspx\">\u003Cem>Home Price Index Report\u003C\u002Fem>\u003C\u002Fa>\u003Cem>, \u003C\u002Fem>home prices will appreciate by 5.2% over the next 12 months.\r\n\u003Ch4>\u003Cstrong>What Does This Mean as a Buyer?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nIf home prices appreciate by 5.2% over the next twelve months as predicted by \u003Cem>CoreLogic,\u003C\u002Fem> here is a simple demonstration of the impact that an increase in interest rate would have on the mortgage payment of a home selling for approximately $250,000 today:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2018\u002F05\u002F20180507-STM-ENG.jpeg\">\u003Cimg class=\"alignnone wp-image-37459\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2018\u002F05\u002F20180507-STM-ENG.jpeg\" alt=\"What If I Wait Until Next Year to Buy a Home? | Simplifying The Market\" width=\"650\" height=\"358\" \u002F>\u003C\u002Fa>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf buying a home is in your plan for this year, doing it sooner rather than later could save you thousands of dollars over the terms of your loan.","\r\nIf buying a home is in your plan for this year, doing it sooner rather than later could save you thousands of dollars over the terms of your loan.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2018\u002F05\u002F20180507-STM-ENG.jpeg",false,[17,21,25,29,33,37],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers",{"id":26,"name":27,"slug":28},9,"Home Prices","home-prices",{"id":30,"name":31,"slug":32},11,"First-Time Buyers","first-time-buyers",{"id":34,"name":35,"slug":36},35,"Mortgage Rates","mortgage-rates",{"id":38,"name":39,"slug":40},38,"Move-Up","move-up","2018-05-07T10:00:49Z","2018-05-04T12:37:19Z",{"id":44,"slug":45,"title":46,"featuredImage":47,"publishedAt":48,"contentType":10,"isVideo":15},1078,"50-of-homes-sold-in-30-days-in-march-infographic","50% of Homes Sold in 30 Days in March [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F05\u002F01161234\u002F20180504-Share-STM.jpg","2018-05-04T10:00:38Z",{"id":50,"slug":51,"title":52,"featuredImage":53,"publishedAt":54,"contentType":10,"isVideo":15},1080,"home-inspections-what-to-expect","Home Inspections: What to Expect","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F04\u002F30165934\u002F20180508-Share-STM.jpg","2018-05-08T10:00:01Z",{"cover":56,"open":57,"shareSpread":58},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":60,"open":61,"shareSpread":62},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[64,68,69,70,74,78,79,80,84,85,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154,158,162],{"id":65,"name":66,"slug":67},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":71,"name":72,"slug":73},7,"Foreclosures","foreclosures",{"id":75,"name":76,"slug":77},8,"Infographics","infographics",{"id":26,"name":27,"slug":28},{"id":30,"name":31,"slug":32},{"id":81,"name":82,"slug":83},34,"Senior Market","senior-market",{"id":34,"name":35,"slug":36},{"id":38,"name":39,"slug":40},{"id":87,"name":88,"slug":89},41,"For Sale by Owner","for-sale-by-owner",{"id":91,"name":92,"slug":93},42,"Featured","featured",{"id":95,"name":96,"slug":97},45,"New Construction","new-construction",{"id":99,"name":100,"slug":101},52,"Luxury \u002F Vacation","luxury--vacation",{"id":103,"name":104,"slug":105},53,"Rent vs. Buy","rent-vs-buy",{"id":107,"name":108,"slug":109},80,"Time-sensitive","time-sensitive",{"id":111,"name":112,"slug":113},81,"Outdated","outdated",{"id":115,"name":116,"slug":117},147,"Internal","internal",{"id":119,"name":120,"slug":121},148,"Do Not Autopost","do-not-autopost",{"id":123,"name":124,"slug":125},320,"Inventory","inventory",{"id":127,"name":128,"slug":129},321,"Agent Value","agent-value",{"id":131,"name":132,"slug":133},322,"Affordability","affordability",{"id":135,"name":136,"slug":137},323,"Buying Tips","buying-tips",{"id":139,"name":140,"slug":141},324,"Downsize","downsize",{"id":143,"name":144,"slug":145},325,"Economy","economy",{"id":147,"name":148,"slug":149},326,"Equity","equity",{"id":151,"name":152,"slug":153},327,"Forecasts","forecasts",{"id":155,"name":156,"slug":157},328,"Selling Tips","selling-tips",{"id":159,"name":160,"slug":161},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":163,"name":164,"slug":165},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]