We have informed many times that the American Dream of homeownership is alive and well. The reasons to own differ for each buyer, with many basic similarities.
Housing is typically the one leveraged investment available. You’re paying for housing whether you own or rent. Owning is usually a form of “forced savings”.There are substantial tax benefits to owning. Owning is a hedge against inflation.
We realize that homeownership makes sense for many Americans for an assortment of social and family reasons. It also makes sense financially. If you are considering a purchase this year, contact a me and I can help evaluate your ability to do so.