Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner for the first time!
Why is this date important? Homeownership is not just a roof over your head! It represents shelter, stability, wealth, and pride! For decades, homeownership has been an important part of the American Dream!
However, many question if the next generations see the same benefits of homeownership as their predecessors.
Buying a home is an investment in your future!
Appreciation: On average, home prices are appreciating annually at a rate of 3.6%. This helps to create a safety net.
Forced Savings: Your mortgage is like a forced savings plan! With each payment, you are reducing the principal of your loan.
Home Equity: Homeownership builds equity every single month. You can later use that equity to start a business, send your children to college, etc.
Net Worth: A homeowners’ net worth is times greater than renters! This gives you the financial freedom to invest.
Stability: Rent prices increase on average 4% annually! A fixed mortgage payment allows you to save for future projects and guard against inflation.
Tax Benefits: The government has created tax benefits to encourage customers to purchase. (Talk to your CPA to see which benefits apply to you).
Homeownership is and will always be part of the American Dream! There are many financial and non-financial benefits to take advantage of when owning a home. If owning a home is part of your dream, contact me today to discuss your real estate goals!
Author:Diana Polovko Phone: 984-833-9233 Dated: February 26th 2019 Views: 176 About Diana: Honesty, integrity, and hard work are the key elements of my business. Behind every home sale or pur...
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Grow Local Realty is a full service Raleigh NC Real Estate Company servicing Raleigh, Durham, Cary, Apex, Holly Springs, Clayton, Fuquay Varina, Garner, Wake Forest, Chapel Hill and all other Triangle areas including all of Wake County, Johnston County, Durham County, Orange County, Chatham County and Harnett County. We are dedicated to extraordinary customer service and are here to represent you with your next home purchase or the sale of your current home. Allow one our fantastic agents to assist you with your Raleigh NC Real Estate search.
2020 Forecast Shows Continued Home Price AppreciationQuestions continu
"It was by far the best experience we have ever had with a realtor. We spent 8 years, while working with different realtors, on our way to home ownership. Kim provided the best support, ethics, and care to help us find the house we considered home. She has become like part of the family. We just can't say enough good things about her! Thank you. PS- When we sell, we will be using Kim again!!"