Summary answer: Given Manassas's mixed recent price signals — some segments up double digits, the broader citywide median showing more modest movement — waiting for rates carries a genuinely mixed risk profile here, depending heavily on which property type you're targeting.
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 | Depends heavily on property type — check specific comps |
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 and property type.
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