Is Buying A House A Good Investment 2017 Page
Homes are selling faster than last year, with the median age of inventory at just 68 days . 3. Price Appreciation is Slowing (But Not Stopping)
As we move further into 2017, the question of whether to buy a home or keep renting is on everyone’s mind. After years of recovery from the 2008 crash, the market is entering a new phase of "moderation". While homeownership remains a cornerstone of long-term wealth building, the landscape this year has specific shifts that every potential buyer should understand. 1. Rising Mortgage Rates: The End of the Sub-4% Era? is buying a house a good investment 2017
While a 1% jump might not seem like a dealbreaker, it can add roughly for the average home. If you’re on the fence, locking in a rate sooner rather than later could save you thousands over the life of your loan. 2. The Inventory Crunch Homes are selling faster than last year, with