"Are we in a buyers' market or sellers' market?" This is a question we get asked all of the time. The reality is, while the market does trend one way or another, it is a more personal question you should be asking. "Am I ready to buy or sell?"
Buying a home can be fun, exciting, and daunting all rolled into one. So understanding the process can help you prepare to have a smooth journey and enjoy your buying adventure.
Some of the reasons that people decide to purchase a home are that they are tired of paying rent (ie paying the landlord's mortgage), they have outgrown their current home, looking for an investment portfolio, or they ready to invest in their future. Owning real estate is one of the lease risky ways to build equity or to obtain a greater return on your initial investment.