Things have never looked better in the housing market. With the prices, mortgage rates and soaring rents, there has never been a better time to buy a home than right now. Why is now the best time? Experts offer these 5 major reasons on why you should act now:
- Competition is about to increase
- Price Increases are on the Horizon
- Owning a Home Helps Create Family Wealth ~ The Federal Reserve has reported the net worth of the average homeowner is 30 times greater than that of a renter.
- Interest Rates are Projected to Rise
- Buy Low, Sell High ~ think of the investment by buying a bank owned home, fixing it up, and selling it at a profit.
Share your thoughts. What is holding you back from making buying a home?
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