Post by sarahjones on Mar 20, 2020 11:34:35 GMT
As frustrating as it may be, one of the largest factors to consider when buying a house is something you have no control over: the local market. When it comes down to it, you may not even be given any options. The market you are interested in may not have nay homes in your price range, or in the right location. On top of that, some market values dictate whether or not owning is even a viable option. While it is becoming cheaper to own than rent in some markets, there are those where renting is justifiable. It all depends on the current state of the particular market you are interested in. So while interest rates are important, it is equally important to own in the right market.