In 2014, a stunning $441 Billion was spent in rent, with the average monthly rental amount being $750.00. Many millennials have postponed purchasing a home while waiting for the economy to recover. This has increased demand and dramatically lowered vacancy rates.
But why are you paying someone else’s mortgage payment? It’s a GREAT time to purchase a home. With interest rates still VERY low and the nice selection of inventory Omaha has, don’t wait to purchase.
Take for example a 3 bedroom, 2 bathroom home with a 2 car garage. Let’s say you purchase it for $120,000. Your monthly payment (including taxes and insurance) could be $802.00. The best part is, you could be making your own mortgage payment, becoming a part of a community, and creating a future for yourself. If you are interested in becoming a home owner, give Jill Anderson a call. Jill has a proven track record of helping people achieve their home buying dreams.