7 Reasons Buying Beats Renting
Why Buying a Home is Better than Renting Conventional wisdom used to state that buying a home is always a great investment. But after the housing crisis, many people who saw their equity sliced in half began questioning this logic.
That’s unfortunate. In most parts of the U.S., home buying is still a better decision than renting for people who plan to remain in the space for at least 4-5 years or more, both for financial and emotional reasons. Let’s explore some of these factors in-depth.
Price Security in Home Buying Historically, prices tend to rise over time. For example, a loaf of bread, a gallon of milk, and a semester of college tuition cost more today than they did in 1990.
Your mortgage payment, however, is one constant you can rely upon. If you hold a fixed-rate mortgage, your monthly principle and interest (P&I) payment remains the same, regardless of how prices are moving in other industries. (Your property taxes and homeowners insurance may rise.)
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Family gets together for Thanksgiving Dinner .
Time to Give Thanks!
The weather has officially cooled off and the leaves are changing. Fall is a magnificent time of year where the scenery is gorgeous and the activities are exciting. Pumpkin carving, apple picking, thanksgiving, and the list goes on. Thanksgiving is one of my favourite holidays! You get to spend time with your family, and take a moment to see how lucky we really are. I am so grateful not only for my friends and family, but the wonderful clients I deal with on a daily basis. I just want to take this time to thank all the amazing people in my life that make this work more than fulfilling. Cheers to you!
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