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The Benefits of Owning a Home vs Renting

There are clear financial benefits to owning a home, especially in today’s housing market. Whether it be increasing equity, the chance to build your net worth, or appreciating home values. These are just a few of the advantages to highlight. If you are currently renting, it is never too early to think about how homeownership can propel you toward a stronger future and greater financial security.

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Lake Life Living

New Hampshire is the home to some of the best lakes in New England. In fact, we have 1,300 lakes and ponds throughout the state.

The Lakes Region of New Hampshire has attracted families from all over to it postcard-worthy shores and quaint towns for decades.

Lake Winnipesaukee, is a year-round vacation destination that offers beaches, swimming, and every water sport imaginable including ice fishing and the New England Pond Hockey Classic in the winter.

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Are you ready to make a move and sell in 2021?

Bottom line, there simply are not enough homes available to meet today’s buyer demand. Homes are selling just as quickly as they’re coming to the market. The housing inventory is at a record low. A “normal” housing market, typically has a 6-month supply of unsold inventory to balance out.

With so few homes available, we are truly in a sellers’ market. If you are a homeowner and you are ready to make a move right now, you have the opportunity to negotiate the best possible contract with buyers because the market is so competitive. On average, homes are going under agreement in less than a month and home prices are rising. In some cases, buyers are waiving contingencies, such as, inspections, appraisals and paying cash to give them more of a competitive advantage.

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Virtual Home Buying

In a year when we’ve learned how to do so much remotely, homebuying is no exception. Digital practices have simply changed the way that we live and operate in today’s world.

This year, rather than delaying their home purchases, buyers- alongside their trusted Real Estate Advisors have turned to the Internet to do more than just your “typical” home search. In some cases, a lot of homes were purchased sight-unseen, meaning the houses were purchased without the buyer even stepping foot inside. According to the National Association of Realtors, throughout the COVID-19 Pandemic, 1 in every 20 homebuyers purchased a house sight-unseen.

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