The question we hear most often from buyers is ‘Is it better to buy a home in Denver now or to rent’? This Trulia report shows that in 98% of the top 100 metro areas in the country it is better to purchase. There are many reasons that purchasing is better in almost every situation expecially in the Denver market.
1. Pride of ownership. Number one on the list in the American Dream. A home of your own is also the best investmen for you.
2. The payments on a rental are often more than that of a purchase. Why pay someone else’s mortgage instead of your own.
3. There are also tax benefits involved in homeownership. The interest you pay is a tax writeoff and there are others to help you on April 15th.
4. The Trulia link above shows some other reasons why right now is the time to make a purchase 98% of the time in Denver and the US.
Robert McGuire – 303-669-1246