The Surprising Truth About Home Ownership: I was rather amazed to read this article, "The 5 Myths About Home Sweet Ownership" by Joseph Gyourko from the Sunday, November 15, 2009 edition of the Washington Post: http://www.washingtonpost.com/wpdyn/content/article/2009/11/13/AR2009111302214.html
As in any investment, a buyer needs do their due diligence: buy within their means, save for their downpayment and put as much money down as possible, research the neighborhood, and own the house long enough for it to appreciate. Due diligence has never been easier, thanks to the internet.
As a real estate agent, I've always touted that home ownership is better than renting, and I will always continue to practice what I preach. Nothing can replace the "feeling" of ownership!
Comments(0)