Owning a home has always been, and will always be, better from a financial standpoint than renting.
Your friends and family have your best interests at heart. However, when it comes to buying your first home or selling your current house to buy the home of your dreams, let’s get together to discuss what your best move is, now.
Don’t give up! If you are looking to move-up to an existing luxury home, there are deals to be had in the higher-priced markets.
“Despite recent increases, house prices remain affordable by historical standards, suggesting that home prices are tracking a broader economic expansion.”
Before you sign another lease, let’s get together to help you better understand all your options.
Multigenerational households are making a comeback. While it is a shift from the more common nuclear home, these households might be the answer that many families are looking for as home prices continue to rise in response to a lack of housing inventory.
If you’re thinking of selling and moving down, waiting might make sense. If you are a first-time buyer or a seller thinking of moving up, waiting probably doesn’t make sense.
Waiting until the spring to list your house for sale made sense in the past. This year is different. The best deal is probably available right now.
Do your research, reach out to professionals, stick to your budget, and be sure that you are ready to take on the financial responsibilities of becoming a homeowner.
Whether you are looking for a primary residence for the first time or are considering a vacation home on the shore, now may be the time to buy.