Monthly Archives March 2017

Looking Back and Looking Ahead

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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