Top Reasons to Own a Home in Lexington MA

Summer is upon us and it's an exciting time in local real estate! The conditions are ideal for moving, homebuyers are feeling motivated, and Lexington MA home sellers are ready for a change of scenery. However, despite the market statistics on rising mortgage rates and housing prices, there are still a few buyers on the fence.

If you find yourself wondering if now is the right time to buy, consider these top reasons to own a home:

Paying rent is not the best investment

If you're currently renting, ask yourself where your money is going every month. When you rent a home in Lexington MA, you are paying down your landlord's mortgage, not your own. When you own a home, you are paying down your own mortgage and putting your money into a much more solid investment.

You need more space

When deciding whether to purchase a home in Lexington MA or beyond, ask yourself if you have enough room in your current home. Do you have enough storage space? Is your family growing? Could you use an extra bedroom? If you answered yes to the last two questions, then it may be time for you to move.

The financial opportunity

Right now is an exciting time in the local real estate market as mortgage rates are still considered "low" but continuously rising. Real estate is very much about timing and if you've been on the fence, the time is now!

Whether you decide to purchase a new construction home or an existing home, I am happy to help you! Give me a call with any questions about first-time home buying or for the latest updates from the local markets. 

I look forward to hearing from you!

Theresa D'Antuono

Lexington MA Real Estate Agent

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