The Cost of Waiting: Why Today’s Market Might Be Your Best Opportunity

Guest post by Samantha Tunador, Atlantic Coast Mortgage

Have you found yourself thinking, “I’ll just wait until rates drop…” or “Maybe prices will come down”? You’re not alone. But here’s the reality: waiting may feel safe—but it could be one of the most expensive financial decisions you make.

Your Best Opportunity

Home prices in our region continue to rise. Meanwhile, rent payments are 100% interest—money you’ll never get back. The idea that you’ll time the “perfect moment” is a myth.

The right time is when you are ready—and the right lender and agent help make that moment possible, even in this market.

Consider this when it comes to renting for another year. You will be out your rent times 12, for example: $3,500 per month is $42,000 gone at the end of the year. Plus the house price is likely to go up. The $700,000 home you are looking at today could cost $735,000 a year from now, assuming it goes up by the national average of 5%. You will be out the rent and the equity gain, a possible $77,000 loss.

What would it cost you to break your lease? Likely one to two months' rent. Would you rather be out 7k or 77k?

The Bottom Line

If you buy now and refinance later, you’re still ahead of the person who waits and pays more for the same home. Want to crunch your own numbers or explore a path forward? Let’s connect.

Who Should You Talk To?

Not all lenders are created equal. You have options, and you need someone who doesn’t just crunch numbers, they help you understand them. That’s what we do - Samantha and Tan Tunador of The Tunador Group at Atlantic Coast Mortgage, www.thetunadorgroup.com.

We're local, fast, creative, and treat your buyers like our own family. Whether it’s your first home or your forever home, we'll walk you through every step.