Should I buy a home now?

People who own their own homes experience many benefits that renters don’t. Numerous studies have shown that homeowners are more likely to be involved in their communities, build wealth, and increase their educational level. Owners of homes are also less likely to be involved in crime or to depend on public assistance. Simply the stability offered by living in one place, and taking pride in the ownership of one’s home, can boost the standard of living. The wealthy know that a homes’ value will increase over time, and can reduce their taxable income.

Housing prices in Arizona are low, inventory up and I am seeing many investors coming in to take advantage of it. What the investors know is that people need places to live, period. Over time the home values will increase. People getting in now know over a short period of time they will have a strong possibility of living rent free and maybe walking away with some money in their pocket. Where renting you leave with no monetary value at all. If you are waiting for the bottom...Good Luck, by time it comes you will have missed it.