{"id":386,"date":"2020-01-06T17:18:33","date_gmt":"2020-01-06T17:18:33","guid":{"rendered":"http:\/\/phphouses.com\/blog\/?p=386"},"modified":"2020-01-06T17:18:35","modified_gmt":"2020-01-06T17:18:35","slug":"3-benefits-to-buying-your-dream-home-this-year","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/3-benefits-to-buying-your-dream-home-this-year\/","title":{"rendered":"3 Benefits to Buying Your Dream Home This Year"},"content":{"rendered":"\n
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Zuhause, Entspannung, Muenchen, Bayern, Deutschland<\/figcaption><\/figure>\n\n\n\n

Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting.<\/p>\n\n\n\n

1. Buying a Home is a Great Investment<\/strong><\/h4>\n\n\n\n

Several reports indicate that real estate is a good investment<\/a>, topping other options such as gold, stocks, bonds, and savings. Why? Real estate helps build equity, a form of investing for you and your family. According to CoreLogic\u2019s<\/em> Equity Report<\/em><\/a>,<\/p>\n\n\n\n

\u201cU.S. homeowners with mortgages (roughly 64% of all properties) have seen their equity increase by a total of nearly $457 billion since the third quarter 2018, an increase of 5.1%, year over year.\u201d<\/em><\/p><\/blockquote>\n\n\n\n

This means the average homeowner gained approximately $5,300 in equity over the past year. If you want to start building your equity, put your housing costs to work for you through homeownership this year.<\/p>\n\n\n\n

2. Mortgage Interest Rates Are Low<\/strong><\/h4>\n\n\n\n

The Primary Mortgage Market Survey<\/em><\/a> from Freddie Mac<\/em> indicates that interest rates for a 30-year mortgage have fallen since November 2018 when they hit 4.94%. In their latest forecast<\/a>, Freddie Mac<\/em> expects rates to remain low, leveling out to a yearly average of 3.8% in 2020.<\/p>\n\n\n\n

When you purchase a home at a low mortgage rate, it will impact your monthly mortgage payment, giving you the opportunity to buy more house for your money.<\/p>\n\n\n\n

3. Investing in Your Family is a Win<\/strong><\/h4>\n\n\n\n

There are some renters who haven\u2019t purchased a home yet because they\u2019re uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you\u2019re living rent-free with your parents, you\u2019re paying a mortgage \u2013 either yours or that of your landlord<\/em>.<\/p>\n\n\n\n

Today, rental prices<\/a> continue to increase, and when you\u2019re paying your landlord\u2019s mortgage instead of your own, you\u2019re not the one earning the equity. As an owner, your mortgage payment is a form of \u2018forced saving<\/em>s\u2019 you can use later in life to reinvest in your family. You can use it for a variety of opportunities, such as saving for your children\u2019s education, moving up to a bigger home, or starting your own business. As a renter, it can be more challenging to achieve those types of dreams without home equity working for you.<\/p>\n\n\n\n

Bottom Line<\/strong><\/h3>\n\n\n\n

Buying a home sooner rather than later could lead to substantial savings and long-term financial growth for you and your family. Let\u2019s get together to determine if homeownership is the right choice for you this year.<\/p>\n\n\n\n

Contact us:
PHP Houses<\/a>
142 W Lakeview Ave
Unit 1030
Lake Mary, FL 32746
Ph: (407) 519-0719
Fax: (407) 205-1951
email: info@phphouses.com<\/a><\/p>\n\n\n\n

Let’s Connect:
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<\/p>\n","protected":false},"excerpt":{"rendered":"

Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting. 1. Buying a Home is a Great Investment Several reports indicate that real estate is a good investment, topping other options such as gold, stocks,… Finish Reading 3 Benefits to Buying Your Dream Home This Year<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":387,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[59,50,18,27,57,52,67,25,49,8,40,20,24,48,47,19],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/386"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=386"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/386\/revisions"}],"predecessor-version":[{"id":388,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/386\/revisions\/388"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media\/387"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}