Loriebeling's Blog

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10 Good Reasons to buy a house

Why is now a great time to buy?
Here are 10 good reasons:
1. You can get a super deal. Prices are down 30 percent on average. They’re at a sustainable level
for people’s income.
2. Mortgages are cheap at an all time low… At 4.3 percent on average for a 30-year
fixed-rate mortgage, your costs to own are down by a fifth from two years ago and
won’t stay this way forever.
3. You can save on taxes. When you add up the deductions for mortgage interest and
others, the cost of owning can drop below renting for a comparable home.
4. It is yours along with pride of ownership. You can paint your walls orange if you
want, how many landlords will let you do that? Add value with upgrades, or
landscaping, add a pool and create more equity in your asset.
5. You can get a better home.
6. It offers some inflation protection. Historically, appreciation over time outpaces
inflation.
7. It’s risk capital. If the economy picks up, you stand to benefit from that, even if you’re
goal is just to have a nice place to live.
8. It’s forced savings. A part of your payment each month goes to equity.
9. There is a lot to choose from. Now’s the time to find something you like and get it.
10. Sooner or later the market will clear. The U.S. is expected to grow by another 100
million people in 40 years. They have to live somewhere. Demand will eventually
outpace supply.
Plus – IT IS still THE AMERICAN DREAM to own a home!
If you or anyone you know is thinking about buying or selling, please consider me your
Palm Springs Valley real estate resource. My goal is to maximize your investment,
deliver unmatched service and earn your business again.
Looking or Listing – Call Lori 760.831.1501

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