Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision.
Consider this: if you know people who bought a home 5, 10, or even 30 years ago, you’re probably going to have a hard time finding someone who regrets their decision. Why is that? The reason is you gain equity and wealth as home values grow with time.
In California, home prices increased by 63% over the last five (5) years! If you believe that is an anomaly: Since 1991 home prices in CA have increased by a whopping 319%!
To find out what great opportunities lie ahead of you, contact Stephen Haw at (310) 503-9886 for a free consultation. DRE#00808646 Keller Williams Palos Verdes Realty
Call 310.503.9886 or email skh8828(at)gmail(dotted)com for professional guidance from The Stephen Haw Group, your local experts with international connections.