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: 181 About Diana: Honesty, integrity, and hard work are the key elements of my business. Behind every home sale or pur...
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
"Wayne Hoose of Grow Local Realty
Wayne was terrific! He was always early (punctual), always very responsive to email, texts and phone messages. He was proactive and anticipated my needs. We had an unusual situation that made Wayne have to spend extra time doing things that are not normally a part of a residential real estate deal ( I was hoping to start a business which involved zoning and permits and such). Wayne went above and beyond the call of duty to answer questions that I had and did a great job for me!"