Why Waiting to Buy a Home Could Cost You More in the Long Run

Buying a home is a big decision, and timing can make all the difference. With prices continuing to rise, experts agree that waiting may not work in your favor. The national average home price today sits around $400,000. In five years, that same home could be worth over $483,000. In high-demand markets, that increase could easily surpass $160,000.

So what can buyers do? The good news is that there are strategies to make buying more manageable right now. Many sellers are offering concessions or interest rate buydowns, making initial costs easier to handle. And if rates drop later, buyers can refinance to improve their monthly payment.

Waiting may seem like the safer move, but rising home values could price you out of your ideal market. Acting now lets you start building equity while prices are still within reach.

At The Byrne Group, we help you map out a smart, personalized path to homeownership—so you can move with clarity and confidence.

Curious about your options? Let’s connect and make a plan that works for you.

Full Name

Position

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Contact Name

Kim Byrne

Broker Associate

For two decades, Kim worked in advertising sales for The New York Times, Forbes, The Star Ledger and others before moving to Colorado to be closer to her family. In a highly competitive market, Kim is a buy-side specialist skilled in locating and closing on homes for her clients.

Kevin Byrne

Team Leader/Broker Associate

Founded in 1992, the award-winning Byrne Group has provided superior service to their real estate clients in the Boulder/Denver market. Led by Kevin Byrne, the team has sold over $450 million dollars in sales volume and helped over 1400 Buyers and Sellers get moved to their new lives and homes. His team has consistently ranked as one of the top teams in Colorado. Kevin and his team hustle for their clients, demonstrating their commitment to going the extra mile. Over their three decades in business, The Byrne Group consistently closes over 40 transactions per year, compared to the average 4 from local agents. The Byrne Group’s proven process results in faster sales with higher sales prices – which means less time on the market and more money at closing.

Skip Ledwith

Broker Associate

Skip has 18 years of Real Estate experience and has worked with The Byrne Group for that the entire time. Skip is a graduate of The Leeds School of Business at CU Boulder. He has received personal real estate coaching from the famed Mike Ferry Organization and Ninja Selling Company. He has worked with multimillion-dollar equestrian facility owners, investors, sellers and buyers of residential property, and first time buyers. His work has taken him from Ft. Collins to Conifer and all along the front range, however, most of his work is in the Boulder and Denver counties.
Skip lives in Lyons and is passionate about Colorado’s mountain lifestyle where you might find him skiing, mountain biking, rafting, and even sailing!