There are many people deciding on whether to sign a new lease on a rental property or take the dive into homeownership. Every situation is different. However, with rents, home values and mortgage interest rates projected to rise, buying now might make a lot more sense than waiting until next year. Here are others who seem to agree: An article at NPR:
“Economists see several reasons why 2015 might be a banner year for homebuying — and not just in San Francisco and Miami.”An article on Consumer Affairs:
“If you have been thinking about purchasing a home, the first half of 2015 might be a good time.”An article on Fox Business News:
“As rent increases, it simply makes more sense to buy a home.”
Bottom Line
Buying earlier in the year probably makes more sense than putting off the decision.What's Your Home Worth?Free Home Finder Service. Find Your Perfect Home, Before More More of The Public Does
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Terry Naber, Realtor
REMAX Properties, Inc
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