Where Are the Home Prices Heading in the Next 5 Years?
If you would like the full Orange County real estate market report(only 1st page shown above), we'll be glad to email to you the pdf version. The most recent version is January 13, 2019. Just put "OC market report" in the comment. Please, do not request if you're a licensed real estate agent.
The benefits of home ownership includes:
Pride of Home Ownership
Sense of belonging to a community
Some tax write-off
Consistent payment - rent can increase each year
Appreciation - most likely for the long term
Hedge against inflation
& best of all, you can have a dog(s) or cat(s) without any problems.
Home buyer's should consider all of the financial implications of a purchase and understand and be comfortable with what you are getting into (ie. - monthly payment, down payment, reserves, etc...) but to worry about whether the market will go up or down in the short term is not what is important.
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