The Real Cost of Waiting to Buy a Home

You’ve probably heard this before:“Yesterday was the best time to buy a home, but the next best time is today.”

That quote hits the nail on the head because real estate is all about playing the long game. Home values have a history of rising over time — and waiting for the “perfect moment” can often cost you more in the long run.

If you’re sitting on the sidelines hoping for prices to drop or rates to change, consider this: trying to time the market almost never works out the way people hope. And here’s why.

Prices Are Expected to Keep Rising

According to the Home Price Expectations Survey from Fannie Mae — where over 100 housing market experts weigh in — the consensus is clear: home prices will continue climbing at a steady pace through at least 2029.

While the extreme spikes in price are behind us, projections now show a more stable increase of 3–4% annually. That kind of growth is healthy, sustainable, and a strong sign for buyers looking to build long-term equity.

Even if some areas see slower growth or occasional dips, the broader trend favors those who own — not those who wait.

Here’s the bottom line:

The Real Cost of Waiting to Buy a Home is often higher than most realize.

The longer you wait, the more you’ll likely pay.

Waiting on lower interest rates? Even if they drop slightly, rising home prices could cancel out any savings.

Owning now = building equity sooner. That means wealth-building starts the moment you close.

A Look at What You Could Miss

Let’s break it down with a simple example. Experts suggest that a $400,000 home bought in 2025 could be worth nearly $80,000 more by 2030.

That’s not just appreciation — that’s generational wealth, stability, and smart investing. That’s why so many homeowners are thankful they jumped in when they did.

So instead of asking, “Should I wait?”, the real question becomes: “Can I buy now?”

Even if it means starting with something smaller or exploring different neighborhoods, getting your foot in the door can change your financial future.

There are also great programs out there to help — from financing options to down payment assistance. Let’s talk through them and find a solution that fits your needs.

Let’s Talk About Your Next Move

The saying holds true:Time in the market beats timing the market.

If you’re weighing your options, I’d love to help you understand your local market, create a plan, and take confident steps toward your future.

Call me, Teresa Hill, to talk through what’s possible — whether you’re ready now or simply getting started. No pressure, just expert insight to guide your decision.

Information sourced from Fannie Mae, NAR, Realtor.com, & Keeping Current Matters