Why Today Is The Best Time To Buy A Home

According to a blog by Ebby, there’s been no better time to get on that awaited real estate purchase than today when housing affordability is at its best. I couldn’t agree more.

Statistics indicate that average home prices are about a third lower this time compared to how they were 5-6 years ago. That’s for the whole nation.

Another huge misconception that people have is that renting costs less than buying. Totally not true. Buying, if we dissect all the factors involved, is way cheaper than renting in about 98% of US major markets.

If we’re talking about interest rates, with today’s situation, we are looking at 30 more years of low rates.

Our recent economic improvement has helped a lot. There’s a little possibility of inflation and generally, with increased employment rate, we can stay that we are steadily improving.

Advice from me? Buy your ideal home now. Today is the perfect time.

As one of the top realtors in the area who has sold a lot of homes, I know how buyers think. I can give you tips on how to make your home worthy of its value. Call me, Mynor Herrera, today for expert help buying or selling in the DC, MD, & VA areas! I also specialize in Bethesda and Chevy Chase, as well as the sub-divisions of Rosemary Hills, Rock Creek Forest, East Bethesda, and Whitehall Condominium.