The PRICE is the Same, but the COST is Less (infographic)

cost price 1024x665 The PRICE is the Same, but the COST is Less (infographic)

The KCM Blog...That means you save $285.30 a month, $3,423.60 a year and $102,708 over the life of a 30 year mortgage! You buy the home for the same PRICE but the COST is over $100,000 less.

 

 

Via the KCM Blog…

There is more and more research coming out showing that it makes great financial sense to purchase a home today . Whether it be rent vs. buy ratios, income-to-price ratios or income-to-mortgage payment ratios, purchasing a home right now is a bargain compared to historic norms. Now we want to look at the COST of a home today compared to pre-peak prices.

According to the most recent S&P Case Shiller price index, residential real estate values have returned to 2003 1Q PRICEs. That, in itself, says something. However, when you factor in mortgage rates, the case for buying a home today becomes even more compelling.

Bottom Line

This is why so many financial advisors are saying that this may be one of the greatest times in history to purchase a home.

Contact a Coldwell Banker Seaside Realty The Price Is The Same but the cost is less infographic agent today for more information about homeownership and what works for you.

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