Is now the time to buy a home in Kent Washington? If you are in a position to buy a home today, this is the time. Home prices are at relatively low levels, inventory is abundant and interest rates are low. If you are currently renting, you can be fairly sure that your rent will increase over time. As a homeowner on a fixed-rate mortgage, you're assured that your payment is "fixed" for the duration of the loan. Home ownership isn't for everyone but it sure makes economic sense for most of us. A fun way to measure the merits of renting vs. buying is to use the Ginnie Mae calculator. Ginnie Mae is a federal agency whose goal is to increase the availability of affordable housing. You can find information at the Ginnie Mae website, then scroll down and click on buy vs. rent calculator. Have some fun with that and then call me when you realize you need to find a home today.
Greg Saffell
(206) 617-2247
REMAX Performance Plus
Information About Kent WA Real Estate
Should you buy a home in Kent Washington?
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved