It is true that buying a home is cheaper than renting. Reasons for this is that home prices continue to fall and mortgage rates are at historically low levels, and rents are on the rise as more and more people are choosing rentals over buying. The prices of homes are also something to take into consideration. If home prices are on the rise, people are more likely to buy as they expect a bigger return on their investment.
A great alternative to renting an apartment again, would be to buy a starter home. Just listed in a great neighborhood in Lake Katrine, this cute three bedroom ranch fits the bill. Close in proximity to Kingston, Saugerties and the NYS Thruway makes this a convenient choice. Whether you are using the bedrooms as an office and a guest room or starting a family, this home is suitable for many needs.
If this particular style doesn't suit you, how about a more traditional Colonial for $179,000? Conveniently located in Cairo, this home has a wrap around fron porch to relax on and enjoy the weather. With two bedrooms and two full baths there is certainly enough space to enjoy, the attic is even full and finished. All on almost a quarter of an acre!
For all inquiries, please don't hesitate to call us at 845.338.5252, or visit our website!