Harvard: 5 Financial Reasons to Buy a Home
Eric Belsky is Managing Director of the Joint Center of Housing Studies at Harvard University. This year he released a new paper on homeownership – The Dream Lives On: the Future of Homeownership- in America. In his paper, Belsky reveals five financial reasons people should consider buying a home. They are:
1. Housing is typically the one leveraged investment available.
2. You’re paying for housing whether you own or rent.
3. Owning is usually a form of “forced savings”.
4. There are substantial tax benefits to owning.
5. Owning is a hedge against inflation.
Read highlights of article here: Keeping Current Matters Blog.
Read entire paper here: The Dream Lives On: The Future Of Homeownership in America By Eric Balsky
Historic Mortgage Rates by Decade
(Courtesy of Keeping Current Matters)
According to research by the National Association of Realtors (NAR) mortgage rates will be near 6% by 2016.
Asheville Named Top 10 Food City
Asheville has been named one of the best food cities in the U.S. by Livability.com. Read the article here.
Asheville Holiday Parade Party @ DixonPacifica Real Estate
Join us November 22 from 10am-1pm to watch the Asheville Holiday Parade.
You can watch from our office or across the street to get up and close to the parade.
Hot chocolate, coffee & treats – plus heat and a bathroom!
We are collecting canned food donations for Manna Food Bank if you would like to bring items.
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