Reasons to Buy Now

There’s never been a better time to go for it in the housing market. Here’s why:

  1. Interest rates are low, so your mortgage and payments will cost less.
  2. Your savings account is only earning a tiny bit of interest, but property values and housing prices in Ottawa continue to rise at a stable rate year after year. Investing your savings in a new home can prove a much better return on your money.
  3. Your home will be yours, instead of belonging to a landlord.
  4. The best homes in the best neighbourhoods are usually owner occupied.
  5. Reverse buyers’ remorse: in five years, you’ll be kicking yourself if you don’t buy now.
  6. Rent money is down the drain and is a rising cost. The part of your mortgage payment devoted to the principal builds equity, so it is never considered a rising cost.

Glenview Homes: Reasons to buy now

Saving For Your Downpayment