Write the check, put it in the envelope, lick it, stamp it, and send your hard earned money away…month after month. This is the relentless cycle of renting: never ending; always draining. Sure there are some upsides to renting. There are fewer responsibilities, for instance. It’s good at a certain point in your life when you want to get up and leave and you aren’t sure where your life is headed. However, a recent poll shows that around 74% of Americans believe that home ownership is an integral part of achieving their dreams—and even among the younger crowd home ownership dreams are high. In fact, 42% of millennials say that they hope to buy a home in the next 1 to 5 years.
Given the excitement surrounding home buying, 2015 might just be the right year for you to achieve your home owning dream. Looking at the housing forecast as we move into the heightened spring buying season might help you put into perspective why purchasing a home right now makes a lot of sense. [Read more…]