Today I received my Housing Trends eNewsletter and found this blurb very interesting....
" Buying is now cheaper than renting in 74 percent of the nation’s largest cities. Low home prices and “rock-bottom” interest rates as well as tax advantages of homeownership are the reasons why it’s now cheaper to BUY a 2-bdrm home than to rent one.
So off I go to read the CNN Money articlefor details.
As usual it all depends on your market. With housing prices still on the decline and interest rates so low it is very easy to find a home in the Bremerton area where a mortgage payment could be lower than what you can find for rent in the area.
The question is are you ready to be a home owner? Home ownership is very different than renting. There is no manager to call when the dryer goes out or the roof leaks.
Of course owning a home can really give you a sense of neighborhood and community. I have only rented for very short period of times usually in-between home ownership and I have never liked it.
If you would like to discuss the possibility of home ownership just give us a call.
Author:Jo Soss
Jo Soss is the designated Broker and the owner of Homefront Realty in Bremerton Washington. Selling real estate in the greater Puget Sound area since 1994 she has vast knowledge in all aspects of a real estate transaction. Using today's technology with her signature personal service allows her to achieve complete customer satisfaction.
Subscribe
Copyright © 2008 - 2012 Homefront Realty
Washington State Required Disclosures
"Equal Housing Opportunity"
