Why owning a home today is more Affordable than ever
We have all heard that owning a home is a wise investment and although the real estate boom & Bust of 2008-2012 was a time of turmoil, what has emerged from that is a really great time to purchase or refinance.
The chart above shows that in November 2014, your mortgage cost is half of what it was in the 1980 ‘s for the same price home because of super low interest rates. In fact, if you are renting, you could be paying 25%-50% more than it would cost to own that same home.
If you are interested in finding out more about buying a home in Ocala or The Villages, call me at 352.502.4984 or click the contact me button to the right to talk about your options and what is involved in the process.