4 Reasons To Invest In Real Estate Right Now

Real Estate Agent with ION Properties

Regardless of whether you’re a renter thinking about purchasing your first home or a homeowner considering purchasing an income or vacation property to enjoy, here are four reasons why it’s a good time to invest in real estate right now.


1. Interest Rates

As of today, the 30 year fixed rate mortgage rate average is at 3.87% - around historic lows which means this is a fantastic opportunity. The cost of borrowing someone else’s money to fund the dream of homeownership has rarely been cheaper. 


2. Tax Benefits

Most U.S. homeowners can deduct the cost of their annual mortgage interest and real estate property taxes from their annual taxable income, thus reducing their tax liability. 


3. Prices

Prices are not likely to decrease anytime soon due to the steady and growing economy. Therefore, between low interest rates and today’s prices, buying real estate a few months from now will likely not be as affordable as it is right now. 


4. Forced Savings

When you invest in a home, a portion of that monthly payment goes towards your principle, meaning with each payment your net worth increases. Between appreciation and paying down the debt, your equity rises year after year. 


Have any other reasons to add to this list? Comment below and let us know!

Comments (2)

Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

Great post, and very informative. Here in Louisville, my investors are finding it a challenge though since inventory is so low, making demand crazy high!

Nov 11, 2015 08:43 AM
John Grieco

Thanks Michael Thacker! Yes... Seattle is dealing with the same conditions!

Nov 12, 2015 02:10 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

John - These are very good reasons to invest in real estate now.

Nov 11, 2015 12:45 PM