It's great when the concept you're trying to get across is seconded by the Wall Street Journal; if for no other reason than they have a slightly larger audience than I do! (I have been gaining on them steadily though for some time!)
As my regular readers know, I am not a fan of the drama that gets perpetuated in the media about this and that in the mortgage industry and real estate market. We're talking about big business here, we're talking about markets, we're talking about economics...stuff fluctuates. It rises and falls and corrects and impacts everyone from Wall Street to the proverbial Main Street. (I guess you could say that I believe in a free market system, huh?)
And I also love that even my friends at WSJ stated: "Enough with the doom and gloom about homeownership."
Here's a link to the full Brett Arends article and his Top Ten Reasons to Buy a Home Today:
- You can get a good deal.
- Mortgages are cheap.
- You can save on taxes.
- It will be yours.
- You'll get a better home.
- It offers some inflation protection.
- It's risk capital.
- It's forced savings.
- There is a lot to choose from.
- Sooner or later, the market will clear.
At the end of the day, it always comes back to trusting tried and true professionals. You're not going to skydive alone the first time; you're going to have someone educate you on maneuvering and navigating away from dangers until you succeed.
The housing market may be more perilous than ever, but today's market offers chances of a lifetime when you place yourself in the company of people who know how to land.
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