“Is now a good time to purchase a home?”
Sorry to bother you over the weekend, but wanted to spend a few minutes sharing our thoughts about buying a home this year vs next year. We actually went through the same conversation last year and it seems like homes are costing more this year, will they be less next year or even the following year?
We keep reading about the possibility that home values will be coming down in 2019 and 2020. What do you think?
I wish I was clairvoyant, but I have no clue. They are currently paying $2800 per month for rent. In the price range we discussed they would be paying closer to $2400 which is already a win. They will be able to deduct the interest, plus a couple of other deductions and save nearly $5,000 a year compared to the rent they would be paying.
Also, it’s important to note that they have no plans on moving as their families live in the area and family means everything to them. They are not buying this home to sell anytime soon. My advice is...buy your home now!
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Joe Petrowsky, NMLS #6869
Right Trac Financial Group, Inc. NMLS #2709
110 Main St.
Manchester, Ct. 06042
Office: 860 647-7701 x116
Fax: 860 647-8940
Cell: 860 836-9294
Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.