How many of you grew up with the “American Dream” of making your landlord rich?
Congratulations! You are a success and will become even more successful with each monthly rent payment!
Now for the rest of you that had a different dream, one of home ownership, you may be wondering, is now a time to buy? Can I afford to buy my own home? Well the short answer is YES and MAYBE.
There is no doubt that NOW is one of the best times in many years to buy. Home values have dropped 20 to 40 percent depending on a home’s price range and location. The government has kept interest rates at record lows–in order to encourage sales. And home selection is the greatest in my memory. Continue Reading →