Looking Back and Looking AheadLooking back, and looking ahead, there is no time like the present to borrow and buy. The City of Napa median price is up 14% year over year. If you purchased a median priced home in January, 2016 at $570,000 it is worth $650,000 in January 2017, a year later. Your home increased in value $80,000! That’s $6,666 per month= one could look at that as the monthly cost of not buying. And, if you purchased last January with a loan, say with 20% down, you used $114,000 to earn $80,000 in one year – that’s
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