If you are thinking about buying a home, there are many considerations. Here are a few..
How long do you plan to be in the home? Are you going to grow out of it quickly, get transferred, change jobs or take on family members? The average homeowner today stays in their current home for about 9 years. Usually enough time to realize appreciation and write-offs to be considered a sound decision. You should commit to staying 5 years. If you do, in most markets you should realize a profit. So be ready to put down some roots.