A recent article in the Wall Street Journal has presented sound reasoning about buying a home. While many have reported doom and gloom for our real estate market in the last couple years, buying a home can still be an excellent investment. Financing and pricing has actually made home buying more accessible. Because home prices have come down, you may be able to buy the home you desire – certainly your dollar will go farther today. The tax benefits of owning a home may save you thousands of dollars each year. Lastly, you will own an asset that provides long-term growth. As the market recovers, we can expect to see a great deal of appreciation. You may want to talk with an expert to see if you can take advantage of this market situation.
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