REAL ESTATE NEWS FOR 2012
Why should you buy real estate in 2012
Is 2012 your year to become a homeowner? Make your 2012 New Year's resolution by setting goals and adopting good habits, such as saving more, reducing debt and improving your credit scores.
Opportunities: While all eyes are on the lower Mainland, reasonable prices and excellent investment opportunities are to be found in the small towns outside of major markets and now is the time to be assessing the opportunities.
Investment: Buying a home is a wise decision because property is still one of the best and most secure investments available. If you had a choice between putting money towards a new car or a home, a home should win every time as it will appreciate in value over the years whereas a car does the opposite.
Equity: One of the best things about owning a home is that you are building equity, which gives you more financially freedom.
Low Interest Rates: Right now there are some great interest rates available. It is a great time to get into the market and lock into a really good interest rate and build equity.
Pride of Ownership: No more renting. Why pay someone else's mortgage payments and build their equity? Build your own equity.
Freedom: Freedom to do what you want! When you own your own home you can paint and decorate as much as you want.
Sense of Community: Owing a home gives you and your loved ones a feeling of belonging in that neighbourhood and gives you the sense of putting down roots and getting established. There are also many neighbourhood groups you can become involved in, and if you have children it may be of benefit for schools and friends. There is a saying ( which I find to be true ) that it takes a whole community to raise a child. Parents cannot do it alone.
Excellent Affordability: Lower home prices combined with low interest rates means there are tremendous opportunities for buyers.