Buying a home is one of the biggest, if not the biggest, decision that a person or couple ever makes, so it’s no surprise that a lot of people are on the fence, wondering if they should invest in their future now or hold off for a better time. Good news is that, according to a top economist, now is a better time than ever to buy a home in Bradenton and across the world. Here is why 2016 is a great time to buy a home, and why you shouldn’t wait any longer to find the house of your dreams.

The economy is on the uptick

The recent “Great Recession” is now officially in our rear view mirror and both businesses and jobs are trending upward. Companies are expanding, and the outlook for the economy is as rosy as it’s been in a long time, and 2016 is a great time to buy a home because job security is looking far better than it did just a few short years ago. If you were worrying that a downturn could endanger your home owning dreams, then you could throw those fears out the door.

Interest rates are low

Looking over the last half decade of history, interest rates are at rock bottom. In 2011, rates peaked at over 5%, making buying a home a difficult prospect to say the least. 2016 will be a lot easier on your wallet over the next 20 years. With interest rates in the 3’s and sometimes lower, you can save thousands of dollars over the life of your loan. If you were waiting on buying your first home in Bradenton for good interest rates, then 2016 is the year to do it.

Home values are trending up

Home values are a delicate balance of supply and demand with an extra pinch of consumer and banking confidence in the market. The market in general has been wary in recent years because the housing crisis left a bad taste in everyone’s mouth. People were afraid to buy homes because many ended up under water when their homes became worth less than when they bought. That doesn’t seem likely nowadays. Homes are trending upward, and slowly gaining in value. In fact, the state of Florida and Bradenton itself have experienced strong growth in the last year. Homes are right in the “sweet spot”. They are increasing in value so you know it’s a good investment, but are still affordable enough for the average buyer.

Finding your dream home is easier than ever

With the rise in technology and accessibility of home buying from the websites of qualified real estate agents, finding the home of your dreams is easier than ever. You can surf right from the comfort of your own home, and search right within your budget with advanced home-buying software. Anyone who remembers how hard it used to be can appreciate the ease of buying today. Just another reason why 2016 is a great time to buy a home.

Buying your first home is a big step, but it’s worth every bit of effort. Owning a home is not only a sound financial investment, it is more fulfilling than perpetually renting without moving forward. Now that you know why 2016 is a great time to buy home, all you need is a great real estate agent to help you find the one of your dreams.