Is Buying A House A Good Investment 2017 -

The biggest challenge for buyers in 2017 isn't just price—it's availability. Inventory is down approximately in major metros. Builders are only producing new homes at about 60% of their historical rates , leading to a serious shortage of "starter homes".

For years, homebuyers enjoyed historically low mortgage rates, but that tide is turning. Rates reached as low as , but experts at Realtor.com and the NAR predict they will climb toward 4.5% to 4.6% by the end of 2017. is buying a house a good investment 2017

Homes are selling faster than last year, with the median age of inventory at just 68 days . 3. Price Appreciation is Slowing (But Not Stopping) The biggest challenge for buyers in 2017 isn't

With high demand and low supply, 2017 remains a strong seller's market. 2. The Inventory Crunch

Despite these hurdles, experts from Forbes and Rocket Mortgage argue that buying a home remains a sound long-term strategy for several reasons:

As we move further into 2017, the question of whether to buy a home or keep renting is on everyone’s mind. After years of recovery from the 2008 crash, the market is entering a new phase of "moderation". While homeownership remains a cornerstone of long-term wealth building, the landscape this year has specific shifts that every potential buyer should understand. 1. Rising Mortgage Rates: The End of the Sub-4% Era?

While a 1% jump might not seem like a dealbreaker, it can add roughly for the average home. If you’re on the fence, locking in a rate sooner rather than later could save you thousands over the life of your loan. 2. The Inventory Crunch