© 2008 Buy Now Upstate. All rights reserved.
Right now is a terrific time to buy a home in the Upstate. Need a reason, how about 10!
1. Our Upstate market is strong and stable. MLS statistics show local prices are continuing to increase which means houses are still appreciating and still a good value.
2. Interest rates are at historic lows. But they won't stay this low forever so take advantage while you can.
3. Home choices are great. It's a buyer's market so your choices have never been better, and sellers are motivated which means you could get more for your money.
4. Owning a home is a great way to build long-term wealth. On average, the value of a home nearly doubles every 10 years. No savings account can do that!
5. Waiting for the perfect time could cost you. Those waiting for the perfect time or the best deal before buying a house could end up literally waiting years, and most likely their guess on market timing will be wrong. Meanwhile those who can and do buy now will have a home they can call their own and reap the long-term gains of home price appreciation.
6. A home is a good investment. Compared to other investments, such as stocks, a home is a relatively stable investment, and home ownership provides a place to enjoy your lifestyle and loved ones. What other investment can claim that?
7. The tax benefits are fantastic. You would enjoy the biggest and best tax incentives that are designed to make owning a home more affordable.
8. Owning can give you financial security. Unlike rents that can fluctuate from year-to-year, a fixed-rate mortgage offers you a sense of financial security of knowing what your mortgage payments are from month to month.
9. You could be saving money. If you're renting now, you might actually be paying more in rent than you would for monthly mortgage payments.