All Signs Point to Buy
Truth be told, there's never been a better time to buy a new home. Not only are interest rates at all-time lows, but prices have never been better. However, if you still find yourself on the fence, consider the facts below.
A home is a solid investment.
- Over time, real estate is more stable than the stock market and provides better returns.
- 8 out of 10 economists believe home prices will rise in the next five years. Keller Center for Research at Baylor University, 2008
- The average homeowner’s net worth is $234,200, compared with $5,100 for renters. Federal Reserve Survey of Consumer Finances
- Click here to view our Veridian vs. Renting chart.
Affordability equals increased buying power.
- Prices are at historic lows and rates are even lower. This may be the only time in history that the two coincide for buyers - now is the time to buy!
- Lower rates allow you to buy more home for the same payment.
- There’s no telling how long prices and rates will remain this low. For qualified buyers, it’s time to make your move.
- Click here to read an article detailing different down payment scenarios.
Homeownership has significant tax advantages.
- Interest on your home mortgage is tax deductible.
- If this is the first time you have owned property, there may be additional deductions by switching from a standard to an itemized tax return.
- Keep in mind, specific tax advantages of homeownership are based upon several factors including annual income, federal income tax bracket of a household, amount and interest rate of the mortgage loan, and annual property taxes.
New construction is a great investment.
- New homes are lower maintenance than older homes.
- New homes come with a warranty in case certain problems develop over time – and the homes’ major appliances and systems are covered through the manufacturer’s warranties.
- Click here to read additional benefits of buying a new Veridian home.
There is a plethora of inventory available.
- Click here to view our move-in ready model homes.
- And with our Purchase Programs, it’s easy to make your move today.
For exclusive Veridian offers, click here.
Click on the article link to read “10 Reasons To Buy a Home”, a piece recently published by the Wall Street Journal.