Summary answer: Given the City of Fairfax's genuinely flat recent price trend in the city's own 12-month data, waiting for rates carries relatively low price-risk here — though the market's "very competitive" rating means good inventory doesn't necessarily wait for you.
I'm Johnny with JQ Real Estate. Here's how to think through the actual math.
The trade-off, run through real numbers
| Scenario | Rate | Price Assumption |
|---|---|---|
| Buy now | ~6.65% | Today's price |
| Wait 12 months | Possibly somewhat lower | Genuinely uncertain given conflicting data |
What you can do regardless of which way rates move
- Buy now with a plan to refinance later
Let's run your actual numbers
Reach out and let's walk through the real trade-off for your specific target price.
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