[:en]The Difference Between A Home’s Cost vs. Price[:es]La diferencia entre el costo vs. el precio de una casa.[:]

[:en] 

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 only about price but also about the ‘long term cost’ of the home.

Let us explain.

There are many factors that influence the ‘cost’ of a home. Two of the major ones are the home’s appreciation over time, and the interest rate at which a buyer can borrow the funds necessary to purchase their home. The rate at which these two factors can change is often referred to as “The Cost of Waiting”.

What will happen in 2015?

A nationwide panel of over one hundred economists, real estate experts and investment & market strategists project that home values will appreciate by almost 4% by the end of 2015.

Additionally, Freddie Mac’s most recent Economic Commentary & Projections Table predicts that the 30-year fixed mortgage rate will appreciate to 4.5% by the end of 2015.

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:

Cost of Waiting | Simplifying The Market[:es]The Difference Between a Home's Cost vs. Price | Simplifying The Market

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

Hay muchos factores que influyen en ‘el costo’ de una casa. Dos de los principales son la apreciación de la casa con el tiempo, y la tasa de interés en que el comprador puede pedir prestado los fondos necesarios para comprar su casa. El ritmo en el que estos dos factores pueden cambiar se usa con frecuencia para referirse al “Costo de esperar”.

¿Qué va a pasar en 2015?

Un panel nacional 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% para 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 van a apreciar a 4.5 % para finales de 2015.

¿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:

Cost of Waiting | Simplifying The Market[:]

[:en]The Difference Between A Home’s Cost vs. Price[:es]La diferencia entre el costo vs. el precio de una casa.[:]



[:en]  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 only about price but also about the ‘long term cost’ of the home. Let us explain. There are ...

Continue Reading

[:en]The Difference Between A Home’s Cost vs. Price[:es]La diferencia entre el costo vs. el precio de una casa.[:]



[:en] 

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 only about price but also about the ‘long term cost’ of the home.

Let us explain.

There are many factors that influence the ‘cost’ of a home. Two of the major ones are the home’s appreciation over time, and the interest rate at which a buyer can borrow the funds necessary to purchase their home. The rate at which these two factors can change is often referred to as “The Cost of Waiting”.

What will happen in 2015?

A nationwide panel of over one hundred economists, real estate experts and investment & market strategists project that home values will appreciate by almost 4% by the end of 2015.

Additionally, Freddie Mac’s most recent Economic Commentary & Projections Table predicts that the 30-year fixed mortgage rate will appreciate to 4.5% by the end of 2015.

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:

Cost of Waiting | Simplifying The Market[:es]The Difference Between a Home's Cost vs. Price | Simplifying The Market

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

Hay muchos factores que influyen en ‘el costo’ de una casa. Dos de los principales son la apreciación de la casa con el tiempo, y la tasa de interés en que el comprador puede pedir prestado los fondos necesarios para comprar su casa. El ritmo en el que estos dos factores pueden cambiar se usa con frecuencia para referirse al “Costo de esperar”.

¿Qué va a pasar en 2015?

Un panel nacional 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% para 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 van a apreciar a 4.5 % para finales de 2015.

¿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:

Cost of Waiting | Simplifying The Market[:]

[:en]The Difference Between A Home’s Cost vs. Price[:es]La diferencia entre el costo vs. el precio de una casa.[:]



[:en]  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 only about price but also about the ‘long term cost’ of the home. Let us explain. There are ...

Continue Reading
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