3 Reasons to buy a San Diego home

68 percent of Americans feel that now is a good time to buy a home. So, if you’ve been on the fence about buying a home in San Diego, what are you waiting for? The housing market has been steadily improving over the last few years. Although, interest rates are creeping up, they’re still below historical levels. And while home values increasing, they’re still considered affordable. So why wait? here are the top reasons why now is a great time to buy:

3 Reasons to buy a San Diego home – Why Now is the Time to Enter the Housing Market!

1. Low interest rates. Although people predicted that mortgage interest rates would skyrocket in 2013, 30-year fixed rate mortgagees have hovered between 4.3% and 4.6% for the better part of the year. Experts predict that even if rates hit 6%, they’ll still be considered affordable by historical standards.

2. Homes are still affordable. Although 2013 saw home prices post the largest gains since 2006, they’re still considered affordable in most areas of the country.

3. Reap the benefits of homeownership. Owning a home comes with quite a few benefits, including potential mortgage interest tax deductions, the possibility of building wealth over time and the ability to have control over your own space.

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