3 Major Reasons to Buy a Home in 2016
- Interest rates are at record lows. Even though rates could rise at any time, it currently remains around 4%.
- Rent is expected to continue to increase in 2016. According to Rent.com, 88% of property managers increased rent in 2015, and another 8% inflation is expected in 2016.
- Home ownership means tax benefits! If the home loan is less than $1 million, all mortgage monthly interest can be a tax deduction. Home related expenses and property taxes are tax deductions too.
Contact Christina today for home buying help!
Blog article provided by Christina Cavins, a Nationally recognized Realtor with Irongate Inc. Realtors. Christina can be reached via email at ChristinaCavins@aol.com or by cell phone or text message at 1-937-205-4741. For Ohio real estate and homes see Ohio Real Estate.
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