Dollars & Sense
The Time to Buy is Now–Are you Ready?
by Tolbert Rowe
Last month we talked about the current real estate market and the confluence of factors making for a perfect opportunity for young buyers to purchase their first home. The Millennial Market is defined as one where monthly rent for homes or apartments is comparable to what a mortgage payment would be on a single family home. In some cases rents are actually higher than what proposed mortgage payments would be. Favorable interest rates and still (more…)