Tuesday, September 30, 2008

Buying a House in Lancaster City Makes Sense


People used to choose living in Lancaster City because it was cool, then they did it because of the creative energy it inspired. Now, people are moving to and buying homes in Lancaster because, frankly, it just makes sense. The economic picture nationally is not a pretty one. And, while you can’t control what goes on in Washington and New York, you CAN control what happens to you right here, right now. Most advisors will tell you that now is not a good time to make a major purchase or to go take a dip in the suburban housing market. But Lancaster is different. It’s different because of all the great things it’s always offered while still being affordable. Think of it this way. What if someone offered you a four bedroom house for only $625 a month rent. Would you take it? What if that person agreed not to raise the rent for 30 years? Then would you take it? What if that person told you that if you stayed there for those 30 years, they would give you the house? Buying a house in Lancaster City for about $97,000 at 6.75% interest for 30 years is about that. Here is the bonus: if you take the offer you will burn less gas and walk more places. You will probably get more exercise and will spend less time idling in your car. More and more Americans will stop seeing their home primarily as a financial investment to be bought and sold like stocks and will start seeing it as a place to live and grow. And, there is no better place for that to happen than in Lancaster City.