If you’re a renter in the Washington DC Metro area, you’re no stranger to extreme rental prices. But buying a home is one of the biggest decisions you’ll make in your lifetime and for many people, it takes lots of coaxing, convincing, research and good old-fashioned arm twisting. Good news is, now is the perfect time. Don’t take our word for it. According to Zillow Real Estate Research, buying a home remains more affordable today than it was in the pre-bubble period. While rental prices also are on the rise, Zillow reports that people can expect to pay as much as 30% of their total income on their rental home.
There are so many benefits to owning. Say goodbye to those annual rent increases for one. When you have a fixed rate mortgage, there is no question how much you’ll be paying towards principal and interest month after month. Let’s not forget the equity you will build over time, too. When the inevitable tax time comes, you’re sure to reap the tax benefits of home ownership over renting. And, of course, there’s the freedom you’re awarded by making your own decorating or home improvement decisions for your own living space. Gone will be the days of landlord approval for such decorating demands as painting, hanging pictures or upgrading fixtures.
Miller & Smith is making home ownership even more of a possibility with our 100% Wow, 100% available financing available at three communities: Brambleton, Poplar Run and Gallery Park. Don’t forget to check back often for even more incentives offered by one of the Washington region’s most design forward, award-winning homebuilders.
As even American author Laura Ingalls Wilder put it over a century ago, “Home is the nicest word there is.” Some things never change and we couldn’t have said it any better. Discover it for yourself because yes, you can.