The Real Cost of Delaying Your Home Purchase

According to Keeping Current Matters, the best time to buy a home may have been yesterday—but the next best time is today. While some buyers are waiting for prices to dip or mortgage rates to improve, history and expert forecasts continue to show that real estate rewards long-term commitment over market timing.

In fact, waiting could cost more than you think. Home prices are projected to keep climbing steadily through at least 2029. Experts anticipate average annual growth of 3–4%, meaning the longer you wait, the more expensive that future purchase could be.

The Market Is Poised for Steady Growth

National housing market forecasts show that home prices are expected to continue rising—just at a more moderate, healthier pace. That’s good news for buyers looking to build equity over time. While year-to-year gains may vary based on local market conditions, the overall trend points upward.

What does this mean for you? A home purchased today could be worth significantly more in just a few years. For example, a $400,000 home bought in 2025 might grow in value by nearly $80,000 by 2030. That’s real, long-term equity—and a powerful boost to your financial future.

Why Waiting Might Cost You

Some buyers are holding out for the “perfect” time, but there are real downsides to that strategy:

• Home prices are expected to be higher next year than they are today. Delaying could mean paying more later.

• Even if mortgage rates dip slightly, rising home prices could cancel out any savings.

• Buying now allows you to start building equity immediately, helping you grow your wealth faster.

Think Strategy, Not Perfection

Yes, today’s market comes with challenges—but so does every market. The key is to find a solution that works for your situation. That might mean considering different neighborhoods, exploring alternative financing options, or using down payment assistance programs.

If you can make the numbers work—whether by stretching your budget slightly or buying a bit smaller—getting into the market now could position you for long-term success.

Bottom Line

Trying to time the market perfectly rarely works. What does work? Getting into the market when you can and letting time do the heavy lifting. With home prices expected to rise, waiting may mean missing out on future gains.

Curious what this could look like in your local market? Whether you’re ready to buy now or just starting to explore, having a smart plan in place can make all the difference.

Would you like help looking at homes or getting a plan started?



Source: keepingcurrentmatters.com