If you can find another investment that appreciates while you are using it you should buy as much of it as you can!
I sold this home (pardon the poor video) in August 2017 for $695,000. Redfin and Zillow (please use a guide only) have estimated its resale value somewhere between $833,000 and $887,000 or somewhere north of 20%. I can’t think of another investment that appreciates while you are using it – can you?
Yes. It’s a hot market and it’s been that way for years so don’t let that stop you from investing in one of the best real estate markets in the country.
There are special programs for first-time home buyers, rates are low, and don’t forget VA can get in for zero down!
Call me today for a free 1/2 hour consultation and if you decide to keep renting, you’ll do so with much better information.
Coldwell Banker Bain