Is now a good time to buy a home? Today I’d like to get to the bottom of this question.
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Given that home prices have been on the rise for the past 72 months, is now a good time to buy?
Actually, yes. Let me explain why.
With as long as this trend has been going on, it makes sense that we can expect it to continue. That said, one of the main points buyers must consider when purchasing property is appreciation. Here in Jonesboro, appreciation rates are rising in 90% of the areas throughout town.
So when you purchase a home, each and every monthly mortgage payment you make gets you further ahead financially. The interest you’re paying to the bank also serves as a tax write-off.
The bottom line is that there are several reasons why investing in property now is a good idea. Prices are projected to continue to rise, so why not secure your home now before they go up any further? Now could be a great opportunity to make the move to your next home.
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The bottom line is that there are several reasons why investing in property now is a good idea.
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If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
