The Decision to buy in today’s market

Today’s market provides great opportunities to own a home. Home-ownership provides many financial, lifestyle and social benefits. Buyers can also benefit from low mortgage rates, home ownership tax advantages and home prices that are still relatively low.

Homebuyers may be hesitant because of unemployment and other economic concerns, which is completely understandable. Some headlines warn against homeownership while others are saying it’s a great time to buy. This can make it very difficult to decide what to believe and what choice to make. That is why consulting with a Valley Premier Team agent is important before finalizing your decision.

The professionals with Valley Premier Team at My Home Group offer the following advice to help first-time home buyers decide if home ownership is right for them right now.

Find a trusted, local real estate professional: What is happening in one city may be very different from what is happening in others across town, let alone across the country. Real Estate is definitely local. A local real estate agent can explain what’s happening in the housing market in a specific area, empowering buyers to make informed decisions.

Home buying is different for each person: After taking personal, financial, and lifestyle situations into consideration; the decision to buy a home should be based on what works best for the individual buyer. Some people have strong opinions on both sides of buying vs. renting. Working with a trusted agent who has done thorough research and has the right tools will allow potential buyers to make their own informed decision that best fits their individual needs.