Today's rental prices are increasing while interest rates are decreasing. Now is the time to buy!
Home buying has earned a bad rap in recent years: The subprime mortgage crisis and ensuing economic meltdown left many homeowners underwater, unable to pay their mortgage, and even facing foreclosure. Homeownership rates fell throughout the recession, and are currently around 66 percent, compared with almost 70 percent in 2004, according to the Census Bureau.
Consider these ten reasons to take the plunge into homeownership.
1. You can ramp up energy efficency.
2. You can customize your space.
3. Homeowners buy less furniture.
4. Owning a home forces you to save.
5. Homeownership allows you to build a second income stream.
6. No landlord can kick you out.
7. In fact, you don't have to speak to a landlord ever again!
8. Unlike rent, a fixed rate mortgage can never go up during inflation.
9. Homeowners can take tax deductions.
10. You can take advantage of the currently low interest rates and prices.
To read more about these top ten reasons to buy or the current low interest rates click here!
To speak with me about the current interest rates and how you can get prequalified for a loan today email me or give me a call.
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| John Easterbrook (916) 224-7653 John.Easterbrook@spmc.com Licensed – NMLS # 226555 |
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