10 Reasons To Buy A House In 2019
2019 is the year for you, and the year you should be thinking about buying a house. Of course, there are stipulations as to affordability and job security etc. but if you are in the place where you can, you will be making a great investment choice. When thinking about buying a house, one needs to think about their future and life down the road. Where do you plan to be? Do you want to have a family in the near future? You need to acknowledge these factors in order to purchase the appropriate house that will be beneficial down the road. Let’s take a look at the top 10 reasons as to why 2019 is the year for buying a house:
Readiness: Feeling ready to commit to an investment is a good reason as to why you should buy a house this coming year. If you are ready to take a leap of faith and you know the costs associated with buying a property; you are ready for this venture. It’s all about preparing oneself and understanding the process.
House Appreciation: Real estate is generally the number one investment that goes up over time. It has stable growth in price with an increase of around 3-5% each year according to the National Association of Realtors. If you buy a house this coming year, in 10 years that house should be worth a lot more- especially if you buy it in a large city with a growing population.
Investments: There are not too many investments that can guarantee a return, but buying a house usually does. Not only is the property yours at the end of the day, all the money you are spending on rent, you also are not getting back. Of course, it is a must in order to live, but it’s better to put that money into something that you will get out of it.
Freedom: Owning a house gives you the freedom to do whatever you want with it. You no longer have to deal with landlords or other tenants. You have the freedom to decorate and renovate whatever you want. If you want new appliances, you can get new appliances.
Stability: Depending on if you have a family or not, having house stability allows you to build relationships within the community and with your neighbors around you. If you have children, this will allow them to grow their education at one institution, instead of moving around to different places. It is easier for the family to stay put in one place for a period of time.
Equity: Any payment that you put towards your house is more equity in your pocket. When you are paying rent, you are only seeing money leave your pocket and you gain nothing in return in terms of investments. You are building ownership over time and with any renovations, you have put into the house, your equity is growing that way also.
Certainty: If you own your own house, you have the certainty that you have a place to come home too. With renting, the renter could come to you and say you have 60 days to find a new house. This creates stress and worry and you do not have that certainty that you do with your own place.
Tax Remunerations: Some people will get tax breaks for buying their own house. You will be able to deduct property taxes and the interest you pay on your house. You might even be able to deduct some of the costs associated with buying your house. There are many different tax remunerations that one has with buying property.
Pride: You will have more pride in yourself and your life once you buy your first house. Everyone lives and dreams for the day they can afford their own property and settle down.
Low-Interest Rates: Interest rates keep rising and will probably continue to rise over the years. Why not purchase a property now when the interest rates are low, instead of down the road when you have to pay more? People pay thousands and thousands of dollars on interest every year, which is why people need to utilize the lower interest rates.
With all this information, you should have a better idea as to why you should be looking at purchasing a house this next year. Do you want to save money over the years and have the freedom you deserve; if so our sources here at Realigro Real Estate can help you find the perfect house for you!
Readiness: Feeling ready to commit to an investment is a good reason as to why you should buy a house this coming year. If you are ready to take a leap of faith and you know the costs associated with buying a property; you are ready for this venture. It’s all about preparing oneself and understanding the process.
House Appreciation: Real estate is generally the number one investment that goes up over time. It has stable growth in price with an increase of around 3-5% each year according to the National Association of Realtors. If you buy a house this coming year, in 10 years that house should be worth a lot more- especially if you buy it in a large city with a growing population.
Investments: There are not too many investments that can guarantee a return, but buying a house usually does. Not only is the property yours at the end of the day, all the money you are spending on rent, you also are not getting back. Of course, it is a must in order to live, but it’s better to put that money into something that you will get out of it.
Freedom: Owning a house gives you the freedom to do whatever you want with it. You no longer have to deal with landlords or other tenants. You have the freedom to decorate and renovate whatever you want. If you want new appliances, you can get new appliances.
Stability: Depending on if you have a family or not, having house stability allows you to build relationships within the community and with your neighbors around you. If you have children, this will allow them to grow their education at one institution, instead of moving around to different places. It is easier for the family to stay put in one place for a period of time.
Equity: Any payment that you put towards your house is more equity in your pocket. When you are paying rent, you are only seeing money leave your pocket and you gain nothing in return in terms of investments. You are building ownership over time and with any renovations, you have put into the house, your equity is growing that way also.
Certainty: If you own your own house, you have the certainty that you have a place to come home too. With renting, the renter could come to you and say you have 60 days to find a new house. This creates stress and worry and you do not have that certainty that you do with your own place.
Tax Remunerations: Some people will get tax breaks for buying their own house. You will be able to deduct property taxes and the interest you pay on your house. You might even be able to deduct some of the costs associated with buying your house. There are many different tax remunerations that one has with buying property.
Pride: You will have more pride in yourself and your life once you buy your first house. Everyone lives and dreams for the day they can afford their own property and settle down.
Low-Interest Rates: Interest rates keep rising and will probably continue to rise over the years. Why not purchase a property now when the interest rates are low, instead of down the road when you have to pay more? People pay thousands and thousands of dollars on interest every year, which is why people need to utilize the lower interest rates.
With all this information, you should have a better idea as to why you should be looking at purchasing a house this next year. Do you want to save money over the years and have the freedom you deserve; if so our sources here at Realigro Real Estate can help you find the perfect house for you!
