by Ann Huskey
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Rents are rising at a faster rate than home prices.
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Mortgage interest rates are still low.
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It is cheaper to buy than to rent.
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The low rates and moderate prices won’t last much longer.
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Incomes are on the rise.
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Housing demand currently exceeds supply, and if you wait much longer you run the risk on not being able to find your ideal home at a price that you can afford.
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More and more millennials are entering the market and the numbers are only expected to rise. The younger generation will only tighten demands on the supply.
