Year after year, study after study, in a good market or a down market, the story is always the same....... Owning a home is a good investment... Not only does it build wealth over time but provides excellent psycological and emotional benefits too. "a place to call home" a place for your "stuff", a place that you can rearrange to suit your needs, Your spot in the world.
A survey from earlier this tear indicated that 8 in 10 folks said that homeownership is still a good investment and a source of pride. Even 69% of Americams who don't yet own their own home, count it amongst thier important goals in life.
With interest rates still hovering on their historical lows, and financing avilable to so many, now is the time to step up and find out what you can afford, you might just be surprised when you compare it to that pile of rent receipts!
Walt And Ali
Walt Fitzgerald and Alison Ludwig are are a Professional Real Estate partnership working here in downtown Chelmsford next to the bike path and Old Town Hall.If you have a Real Estate related question that we can help you with, please feel free to Call us at 978-869-9321, Email at: Info@WaltAndAli.com or drop by to see us at 61 Central Square
Paul
7:01 pm on Sunday, September 9, 2012
How is owning a home in a down market a good investment?
Bryan Woods
11:43 am on Monday, September 10, 2012
It's not. It's an even worse investment when you realize that when the historically low interest rates rise, prices will be pushed down further.