Top 2 Reasons to Buy a New House This Year

The arrival of a new year is an exciting time for many individuals. This is when people vow to wipe the slate clean or make important changes in their lives. Whether you want to commit to a healthier lifestyle or spend less time connected to social media, it can be refreshing to set a goal and stick to it.

One thing that you may want to add to your list in 2016 is purchasing a home. While that may seem like a daunting task, several factors are making this an ideal year to go ahead make the jump. If you have been thinking about buying a house even a little bit, let’s look at a couple reasons why you should follow through with it this year.

1) Rental Rates Are Increasing
In 2016, it is anticipated that rental rates will continue to increase. Why would you keep spending so much money on a place that you will never actually own? You are simply earning equity for someone else. In fact, it will likely be cheaper to buy a home rather than rent one in many areas. If you plan on staying in your area for a while, you may want to start looking at houses to buy. It never hurts to check out your options and compare prices.

2) Homes Going Fast!
Real estate experts anticipate homes to sell faster this year than previous as a result of an increased demand. If you are thinking of purchasing a new house this year, it is recommended to act sooner than later to ensure your purchase has everything you need. Homes at Holding Village are going fast so make sure you get the model you want!

Is 2016 the year you will become a homeowner?