Are you considering buying a home this year? Experts in the housing market have forecast some interesting statistics pertaining the cost of buying a home in 2018. In the past year, home prices have risen an average of 6.5%. A typical home is worth $12,500 more today than it was a year ago.
What does this mean for new home buyers? With housing inventory currently at a low, new home buyers are in a position to be less choosy and pay more for a home. Home buyers should get a jump start on the Spring Housing Market.