Right Time to Buy? It is a good to buy in Playa Vista. Here's Why. If you're longing for a place to call home but apprehensive about the timing, you're not alone. Buying a home is a the biggest financial decision of your life, so it's natural to be cautious. However, there are some very good reasons why now may be one of the best times in california history to buy a home. To start with, interest rates are still at an all-time low. Sure, they've gone up a bit over the last year, but compared to the 1960's thru to the 1990's, they're a bargain. Ask your parents what kind of interest rates they paid, and you'll take heart. What's more, they're currently trending down and may fall some more. This means you stand to save a good amount of money over the life of your loan if you lock in one of these rates now. Secondly, and this is so important, owning your own home gives you a great tax deduction each year compared to no tax deduction for renting. So you're actually saving money every time you make your mortgage payment over the long term, instead of throwing it down the bottomless rent hole. And there have never been more types of loans from which to choose, giving you many creative ways to get into the home of your dreams without losing your financial equalibrium. Next, there hasn't been a buyers market this good in a long time! So that means prices have stabilizied and are not being pushed up by excessive demand, and home sellers are motivated to work with you. Now you can take your time, pick and choose, and enjoy buying a home. Which actually makes the home buying process fun, if you can imagine. And don't forget the freedom-to paint, decorate, have pets. To live the way you want inside your home because you own it. You'll also enjoy being surrounded by likeminded homeowners who share your sense of pride of ownership and want to keep your neighborhood looking great. But perhaps the biggest reason to buy instead of waiting any longer is quality of life. After all, home is truly where the heart is. The warm, inviting place where the fondest memories are made. So if you're looking at a home as a home -- a place to create more happiness and add value to your life, rather than just a way to make a quick buck on a short-term investment like a hot stock or bond -- then it's always a good time to buy. And as real estate market history has proven, especially in the golden state, you can't miss if you stay put. And if you do stay for several years or more, there will be many opportunities to take advantage of more beneficial loan programs. We at Playa Vista Living, hope this explanation has helped to further your understanding of homebuying and remind you that it's always a good time to buy a home. To get started call today: (310) 745-1600 or email: Buying@PlayaVistaLiving.com
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