Benefits of Buying Your Dream Home this Year

Finding the perfect time to buy a home is a challenge that requires research and a bit of luck. While timing the purchase perfectly might be desirable, the truth is the right time is a personal decision. You might still be wondering if this is the right time to buy your dream home.

There are 3 great reasons why you should consider buying that dream home this year.

1. A Home is a Great Investment – Real estate remains one of the best investments one can have. Based on hard assets, real estate tends to weather the ups and downs long term better than other investment tools, such as stocks or bonds.

2. Mortgage Interest Rates are Low – Interest rates have continued to be at an all time low. This extra purchasing power is important when buying your dream home and this is a good time to lock in that rate on a long term.

3. Hedge Against Inflation – Rental costs continue to rise and as the economy heats up, inflation becomes more of a possibility. A fixed mortgage freezes your housing costs and works as a buffer from inflation which is impacting the rental market. Owning property is almost always a good investment.

If you’ve been thinking about exchanging your current home for your dream house, let’s have a chat!