3 Major Reasons to Buy a Home in 2016
- Interest rates are at record lows. Even though rates could rise at any time, it currently remains around 4%.
- Rent is expected to continue to increase in 2016. According to Rent.com, 88% of property managers increased rent in 2015, and another 8% inflation is expected in 2016.
- Home ownership means tax benefits! If the home loan is less than $1 million, all mortgage monthly interest can be a tax deduction. Home related expenses and property taxes are tax deductions too.
Contact Christina today for home buying help!