We have never hid our belief in homeownership. That does not mean we think EVERYONE should run out and buy a house. However, if a person or family isready, willing and able to purchase a home, we believe that owning is much better than renting. And we believe that now is a great time to buy.We are not the only ones that think owning has massive benefits or that now is a sensational time to plunge into owning your own home. Here are a few others:
Benefits of Owning
Joint Center for Housing Studies, Harvard University“Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord…Having to make a housing payment one way or the other, owning a home can overcome people’s tendency to defer savings.”The Federal Reserve“Renters have much lower median and mean net worth than homeowners in any survey year.”
Benefits of Buying Now
Trulia“Buying costs less than renting in all 100 large U.S. metros… Now, at a 30-year fixed rate of 4.5%, buying is 38% cheaper than renting nationally.”Freddie Mac"One thing seems certain: we are not likely to see average 30-year fixed mortgage rates return to the historic lows experienced in 2012…Yes, rates are higher than they were a year ago – and certainly higher than two years ago. But if you look at the averages over the last four decades, today's rates remain historically low."
Author:Dawn Borkowski Phone: 864-313-4608 Dated: April 16th 2014 Views: 3,061 About Dawn: ...
With approximately 50 years combined experience, Guest Group brings a wealth of varied experience in both Residential and Commercial Real Estate.
We are loyal, ethical and very dedicated to our clients. We give exceptional service and continue to have our clients for life. We compliment each other and understand the Real Estate Industry and the Local Market.
We have strong negotiating skills and transaction servicing that will ensure you of a successful real estate experience.
Wondering how the Real Estate Market is projected to perform in 2021?
"Kim helped us find our perfect home, she listened to our needs and wants, then delivered. We love our home and are grateful for Kim's experience and professionalism, she made the whole process a breeze. If you're searching for your perfect home, you need Kim Guest as your Realtor."