Hi friend, my name is Jordan Schilleci, and I am a realtor here in the Houston Suburbs. I love all things Katy, and I really love all things Katy Real Estate. Not only can you find me on the selling side of real estate, but also on the buying side of real estate. Don't tell anyone, but unlike other realtors, I absolutely love working with buyers.
I love to hear your story, and help you solve your problem: Where should I live in the Houston Suburbs? Well today, I am focusing on “Why you should consider buying vs. renting?”, and “Where are the best neighborhoods in Katy to buy right now?” So let's jump right in! P.S. The most important reason to consider buying right now is because of the large incentives builders are offering. Which, allows you to buy down the interest rate, and bring less than normal to close (it costs less to buy right now!).
Why You Should Consider Buying Instead of Renting
The debate over buying versus renting has been a topic of discussion for as long as the concept of private property has existed. Both options come with their own sets of pros and cons, tailored to suit different lifestyles, financial situations, and personal preferences. However, if you're currently at the crossroads of making this significant decision, you may want to consider the long-term benefits of buying. Here's why.
Building Equity
When you pay rent, that money goes directly to your landlord and you have nothing to show for it at the end of your lease. Conversely, when you buy a home, your monthly mortgage payments allow you to build equity in the property. In the long run, this becomes an asset you can leverage for other financial opportunities or even leave as an inheritance for future generations.
Long-Term Investment
While the housing market has its ups and downs, historically, it has been a solid long-term investment. Unlike your car or gadgets, which depreciate in value over time, a well-maintained property is likely to appreciate, giving you more financial stability and potentially greater wealth as time goes by.
Tax Benefits
In many countries, there are tax benefits associated with homeownership. In the United States, for example, homeowners can often deduct the interest paid on their mortgage, thereby reducing their taxable income. These kinds of tax incentives can make owning a home more financially beneficial in the long run.
Personalization and Control
When you own your home, you have the freedom to personalize and modify it to fit your taste and needs without requiring the permission of a landlord. Want to paint the walls a new color or install smart home technology? Go right ahead. Your home can be a reflection of your personality and a place where you have the ultimate control.
No Rent Increases
Rent is subject to increases, often annually, depending on market conditions and your landlord's discretion. When you own a home with a fixed-rate mortgage, you have the security of knowing exactly what your monthly payments will be for the life of the loan, making budgeting and planning much easier.
Forced Savings
While it may not seem like it at first glance, the act of making regular mortgage payments can be viewed as a form of “forced savings.” Each payment contributes to the equity you're building in your home, unlike rent payments which offer no return on investment.
Sense of Community
Homeownership often instills a sense of belonging and community. Because you're more likely to stay in one place for an extended period, you're able to build long-lasting relationships with your neighbors and become an active member of the community. This can be particularly beneficial for families with children, as it provides a stable environment for kids to grow up in. I also love the access you will have to community amenities by living in some of these master-planned communities in the area.
While renting may offer more flexibility and less upfront financial commitment, the long-term benefits of buying are hard to ignore. Building equity, enjoying tax benefits, and having the freedom to make your home truly yours are just some of the advantages that come with homeownership. If you're in a position to buy, taking the leap into homeownership is a decision that could greatly benefit you in the long run.
Best neighborhoods in Katy to buy in right now.
Okey doke, so now that we have seen the pros of buying a home, maybe you are wondering where you should buy a home. Keep in mind I am a specialist in the Houston Suburbs, and this post will focus on Katy, so if you want to see this whole series, click here.
Best Neighborhoods in Katy, Texas
- Aurora | Homes for sale.
- Elyson | Homes for sale.
- Katy Manor | Homes for sale.
- Morton Creek Ranch / Morton Creek Ranch South | Homes for sale.
- Sunterra | Homes for sale.
- Tamarron | Homes for sale.
- Winward | Homes for sale.
If you are looking to learn more about Katy, and what it has to offer, this is a great post to start with. If you are interested in one of the homes, or you are looking for a local real estate agent to work with, I would love to work with you. You can call/text 832-493-6685, or schedule a call with this link: http://byjoandco.com/call. I look forward to meeting you. Hugs, Jordan.
I hope you have found this blog post super helpful. If there is anything else we can do for you, including helping you sell (or buy) a home, I would be honored to assist. I hope you have a great day/evening. Cheers, E + J.
We are so happy you found our little corner of the interwebs. We look forward to y'all reaching out to us. We love to answer questions and welcome them. Recently we created some local maps, and you can download those by clicking the image/link above. Below, you will find an index of some very helpful information to assist you in learning more about the Houston suburbs. If you are relocating to our neck of the woods, we hope you reach out to us, because we would love to help you by being your local realtor and friend. Thoughtfully written for you. Hugs, Jo.
We are Waiting for You
If you are looking to relocate to the Houston Area, we would love to meet you, and hear your story. Below you will find all of my contact information, as well as some homes for sale in the area. We truly look forward to hearing from you! P.S. Don't forget to check out our YouTube Channel!
If you are overwhelmed..
Now if you are feeling overwhelmed on where you should plant your roots, I would love to talk to you. You can schedule a call with me by click this link: http://byjoandco.com/call or just send us an email: [email protected]. There are some amazing communities all over the Houston suburbs. In this post, https://search.byjoandco.com/blog/best-neighborhoods-in-houston/, I deep dive into all the different suburbs/neighborhoods that you might want to consider, and why. There are many resources here, so please reach out if you are curious what to look at next! Thank you for trusting us.
What next?!
• Navigate our Blog: https://byjoandco.com/categories-to-help-you-navigate-the-blog/
• Download our Moving to Texas ebook! http://byjoandco.com/movingtotexasebook.
• Download our Where to Live in Houston Texas ebook! http://byjoandco.com/wheretoliveebook.
• Browse our Ebooks and Relocation Guides: http://byjoandco.com/ebooks
• Schedule a phone call or appointment with us! http://byjoandco.com/appointment.
• Email us! [email protected].
• Looking for a buyer’s agent? Fill out our buyer questionnaire! http://byjoandco.com/q.
• Ready to find your dream home? Search, http://search.byjoandco.com.
• Subscribe to our YouTube Channel: http://byjoandco.com/youtube.
