Inventories of homes on the market are up. Sellers are motivated and prices have come down. Mortgage interest rates are extremely attractive. Tax incentives are available.
Worried about future appreciation of a home you might buy now? Concerned that it won't return a sufficient dividend for your investment?
Look at it this way. If you're renting today, 100% of your monthly rent is an expense to you. There is no accumulation of equity from a rental payment. You get nothing back in the future for the rental payments you make today.
Investing in a home provides no guarantees either. But with each monthly payment you increase your equity in an asset that when you're ready to sell should at least return some level of value - even if home values continue to fall slightly.
If you've been considering a purchase but are wary of the market, a rent vs. buy analysis may be very beneficial.
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