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Sylvie Johnson's Blog

By Sylvie and Kevin Stuart | Agent in Flagstaff, AZ

10 Good Reasons to Buy a Home in Flagstaff!


Ten Great Reasons To Buy A Home In Flagstaff

 

Buying a Flagstaff home

  1. Quality of life – a home provides stability and security for you and your loved ones, and membership within a community of neighbors.

  1. Pride of home ownership – a home is a personal haven, a place that you can decorate, shape, and share over time because it’s yours.

  1. Excellent affordability – lower home prices combined with low interest rates means there are tremendous opportunities for buyers.

  1. Historically low interest rates – lower than 5 percent in the U.S. gives better purchasing power to those who qualify.

  1. Appreciation potential - your home investment can grow in value.

  1. Equity buildup and debt pay down – homeowners enjoy an average net worth of approximately $184,000 vs. $4,000 for renters.

  1. Leverage – where else can you buy an investment of this magnitude with 3.5 – 10 percent down?

  1. Tax deduction advantages - property tax and mortgage interest write-offs.

  1. Tax exemption – up to $500,000 per married couple or $250,000 per person on sale of a primary residence in the United States.

  1. The real cost of renting – at $800 per month, with the average 6 percent rental increase per year, you will pay $126,536 over a 10-year period but have zero ownership of the property.

We've never seen as good of a time to buy as right now, with low interest rates, high inventory (number of homes on the market) and seller motivation/competition, if you're on the fence, it may be closer to your reach than you think! I would love the opportunity to sit down with you and plan out your home buying strategy!

Flagstaff Real EstateFlagstaff Real EstateFor more information on buying and selling homes in Flagstaff, Arizona I would be happy to make your transition easier and more efficient!

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