The Costs
Many reasons factor into real estate as the best investment, one of those being the costs of renting. If you live in Boston, you may be considering buying a home for that exact reason. Renting costs are rising as well and many see owning a home as the better use of their money. Another housing study from Harvard found that over half of all participants agree that owning a home makes better financial sense than renting.
The Benefits
Owning a home has many benefits, including those associated with finances and building long-term wealth. The Harvard study also found that of current homeowners, 71 percent stated that buying and owning a home was a positive experience for them— while just 34 percent found renting to be a positive experience. If buying a home in Boston is on your to-do list this summer, you might like to get started to beat the busy buying season and snag your dream home to start enjoying the homeowner benefits.
The Demand
Now that housing is being recognized as the best investment for many Americans, the local real estate market is about to get busy! In fact, HousingWire found that 90 percent of current renters have the desire to buy a home and will soon begin the process to make that a reality. You won't want to delay as the summer months heat up— chances are so will the competition in the Boston real estate market!
Ready to make a move to a new home in Boston or make your first purchase to switch from renting to owning? Contact me today and we can get started on finding you a Boston property that fits your wants and needs. As your local real estate expert, I am happy to answer any questions you have about the market or what it takes to get into that home you've always dreamed of. I look forward to hearing from you!
Ken Snyder
Keller Williams Realty Boston-Metro
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