Real estate still available at low prices after the big bust.
Interest rates about to hit new record lows.
Tax deductions and benefits of home ownership.
Current record high rental rates.
Current record low rental inventories.
They all lead to the same conclusion. It's a very personal decision, and what's right for one is not right for all, but if there were EVER a time that buying a house was a GREAT financial move...
DING, DING, DING...NOW'S THE TIME!!
Real Estate is a great way of building wealth, but it is not for everyone. Generally, the time seems favorable with the percieved bottoming of the housing market, price stabilization, recovering economy, low interest rates, increasing rental rates and a propensity for the Fed to do whatever it takes to help the market.
However, one has to consider several factors such as affordability, income, assets, credit score, financing viability, likelihood of relocation, and many many more.
Whatever you decide, remember this is not a one size fits all solution, do consider your individual circumstances.
I am happy to discuss with you at your convenience.
Equity Capital Real Estate
(203) 280 3838
I would be happy to discuss this with you in more detail if you call me at 312-738-0232. I've been working with several investors lately.