Home ownership may or may not still be the American Dream.
What is clear, however, is that we all need a roof over our heads. With interest rates still at historically low rates, we should assume that buying a home is within many people’s reach.
Job secuirty, tax structure, length of time in your home, and mobility are also factors that need to be considered when making these important decisions.
Flight to the suburbs will impact property values locally. I expect the exodus to warmer climates and away from high tax states will continue.
Cost of rent vs buying calculators are available to help us make decisions.
THe election has ended in chaos and controversy, and how that plays out may affect our game plan.
It is probably prudent to avoid making hasty decisions until we get more clarification of economic policy that will be determined by who is the resident in the White House for the next four years.
Need help? Reach out and let’s see if we cant help you unemotionally consider your alternatives..
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