[:en]A Home’s Cost vs. Price Explained[:es]La explicación del costo de una casa vs el precio [:]

[:en] 

In real estate there is a difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concerned about price but instead about the ‘long term cost’ of the home.

Let us explain.

Recently, we reported that a nationwide panel of over one hundred economists, real estate experts and investment & market strategists projected that home values would appreciate by approximately 4% from now to the end of 2015.

Additionally, Freddie Mac’s most recent Economic Commentary & Projections Table predicts that the 30 year fixed mortgage rate will be 5.0% by the end of next year.

What Does This Mean to a Buyer?

Here is a simple demonstration of what impact these projected changes would have on the mortgage payment of a home selling for approximately $250,000 today:

The Cost of Waiting A Year | Keeping Current Matters[:es]

A Home’s Cost vs. Price Explained | Keeping Current Matters

Muchas veces hablamos sobre la diferencia entre el COSTO y el PRECIO. Como vendedor, usted está más preocupado sobre ‘el precio a corto plazo’- hacia donde se dirige el valor de la casa en los próximos seis meses. Ya sea un comprador por primera vez o que está comprando otra vez, usted no debe estar preocupado por el precio sino sobre el ‘costo a largo plazo’ de la casa.

Déjenos explicarle.

Recientemente, informamos que un panel de más de cien economistas, expertos en bienes raíces y estrategas de inversión y mercadeo proyectaron que el valor de las casas apreciaría aproximadamente 4% desde ahora hasta finales de 2015.

Adicionalmente, Freddie Mac en su tabla más reciente de comentarios de Economía y proyecciones predijo que las tasas hipotecarias fijas a 30 años va a estar al 5.0% para finales del próximo año.

¿Qué significa esto para un comprador?

Aquí hay una demostración simple del impacto que los cambios de estas proyecciones pueden tener en los pagos de una hipoteca de una casa vendiéndose hoy aproximadamente por $250,000:

CostofWaiting Espanol

[:]

[:en]A Home’s Cost vs. Price Explained[:es]La explicación del costo de una casa vs el precio [:]



[:en]  In real estate there is a difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concerned about price but instead about the ‘long term ...

Continue Reading

[:en]A Home’s Cost vs. Price Explained[:es]La explicación del costo de una casa vs el precio [:]



[:en] 

In real estate there is a difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concerned about price but instead about the ‘long term cost’ of the home.

Let us explain.

Recently, we reported that a nationwide panel of over one hundred economists, real estate experts and investment & market strategists projected that home values would appreciate by approximately 4% from now to the end of 2015.

Additionally, Freddie Mac’s most recent Economic Commentary & Projections Table predicts that the 30 year fixed mortgage rate will be 5.0% by the end of next year.

What Does This Mean to a Buyer?

Here is a simple demonstration of what impact these projected changes would have on the mortgage payment of a home selling for approximately $250,000 today:

The Cost of Waiting A Year | Keeping Current Matters[:es]

A Home’s Cost vs. Price Explained | Keeping Current Matters

Muchas veces hablamos sobre la diferencia entre el COSTO y el PRECIO. Como vendedor, usted está más preocupado sobre ‘el precio a corto plazo’- hacia donde se dirige el valor de la casa en los próximos seis meses. Ya sea un comprador por primera vez o que está comprando otra vez, usted no debe estar preocupado por el precio sino sobre el ‘costo a largo plazo’ de la casa.

Déjenos explicarle.

Recientemente, informamos que un panel de más de cien economistas, expertos en bienes raíces y estrategas de inversión y mercadeo proyectaron que el valor de las casas apreciaría aproximadamente 4% desde ahora hasta finales de 2015.

Adicionalmente, Freddie Mac en su tabla más reciente de comentarios de Economía y proyecciones predijo que las tasas hipotecarias fijas a 30 años va a estar al 5.0% para finales del próximo año.

¿Qué significa esto para un comprador?

Aquí hay una demostración simple del impacto que los cambios de estas proyecciones pueden tener en los pagos de una hipoteca de una casa vendiéndose hoy aproximadamente por $250,000:

CostofWaiting Espanol

[:]

[:en]A Home’s Cost vs. Price Explained[:es]La explicación del costo de una casa vs el precio [:]



[:en]  In real estate there is a difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concerned about price but instead about the ‘long term ...

Continue Reading
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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.