Home Buying Strategy Dave breaks down how waiting three years for interest rates to drop could cost a homebuyer $150,000 in lost equity due to rising prices.
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three years He’s one of those three year tire kickers that finally went into contract yesterday So things are still happening out there It’s still a good time to buy It’s still a good time to sell I think Well I got to think that somebody’s been looking for three years whatever his pocket is but let’s just say he’s looking in Dublin Three years ago the average sales price in Dublin was 375 000 400 000 Today it’s now 500 000 to 550 000 So you keep waiting for those rates to drop so you can save 50 a month or 100 a month and you just lost 150 000 in equity.