Have you considered buying your first home? Are you tired of rising rental costs each year? Here are several reasons to buy a home in 2021
According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home” means and what we may need in one in the future.
Here are 4 reasons people reconsider where they live and why they’re expecting to buy a home this year.
1. Record-Low Mortgage Interest Rates
2. Working from Home
3. More Outdoor Space
4. Avoiding Renovations
Depending on what needs to be addressed, today’s high buyer demand may make it possible to skip some renovations before selling. Many homeowners have prioritized buying over renovating for convenience and potential cost savings. Homeownership needs are changing. As a result, Americans are expected to move in record numbers this year. If you’re trying to decide if now is the right time to buy a home, let’s connect today to discuss your options.