Why You Should Buy A Home In 2017
If you’re a first-time home buyer, 2017 is the year to finally take the plunge and invest in a home – your home. Property is always an investment and one of the best ways to build equity and wealth. Renting is quick and easy, but at the end of the day, you’re helping someone else get rich instead of yourself. Below I’ve shared four reasons why this is the year you should buy a home!
#1: Build Equity
Renting a house or an apartment is a good option if you haven’t found the home you love yet or if you can’t afford to own a home right now. That being said, the sooner you buy a home, the sooner you can start building equity, which is one of the main benefits of home ownership, and with the rising prices in the real estate market, property values are only increasing.
#2: Rent Is Expensive
Long gone are the days where renting was a less expensive alternative to buying a home. Nowadays, renting a house or a condo isn’t that much cheaper than a mortgage payment, so why not put your hard earned money towards something you can own?
#3: Interest Rates Are Low
Interest rates have been fairly low the last few years, so if you’re in the market for a mortgage, now is the time to apply!
#4: Home Prices Are Only Going Up
As I mentioned earlier, the real estate market is soaring, and so are the prices of homes. If you wait too long to buy, you may end up having to pay more, so if you know you want a home now, don’t hesitate.
If you’re a first-time home buyer, this is the year you should buy a home. Contact Brampton real estate agent Tony Francis to begin the journey to your dream home today, because Tony Knows Brampton!