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:Brian Hargrove Phone: 919-830-5233 Dated: February 27th 2019 Views: 214 About Brian: ...
View our latest blog posts in your RSS reader. Click here to access.
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.
Raleigh Real Estate Market continues to be red hot! Here is more infor
" My name is Dee. Laura helped us find our new home in one of our favorite neighborhoods. She REALLY went over and beyond for us with negotiations. She was able to have all of our demands met plus more. She made us comfortable with the whole home-buying process. She answered any questions no matter how many times we asked them (sometimes the same question). She would explain everything to us in a way that we could understand. Just out generosity she found us discounts on services that we could use like the inspection. Even once we closed on our house she still would check in on us to see if we needed anything."