Buying a home is a major financial decision. There’s no doubt about it. You have to carefully consider your financial readiness, mitigate any potential loss in value if the housing market takes a turn, prepare for unexpected expenses (houses need care and feeding, too!) and, even after all that planning and preparation, homebuyers wake up in the middle of the night fearful they’ve made the wrong decision.
Do you have a home improvement project that you’ve had in your sights for a while, but something is holding you back — like the perception of a flat real estate market?
Homeownership is, for many, the culmination of the American Dream and a major rite of passage. We’ve written many times on this very blog that the fastest path to building financial wealth is — you guessed it — owning a home.