Real Estate Is Still Considered the Best Long-Term Investment
“. . . homeownership is a catalyst for building wealth for people from all walks of life. A monthly mortgage payment is often considered a forced savings account that helps homeowners build a net worth about 40 times higher than that of a renter.”That’s because owning a home grows your net worth over time as your home appreciates in value and as you pay down your mortgage. And, since building that wealth takes time, it may make sense to start as soon as you can. If you wait to buy and keep renting, you’ll miss out on those monthly housing payments going toward your home equity.
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Buying a home is a big decision, and it should be one you feel confident making.
Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home.
Today’s housing market is different than it was in 2008.
Over the past year, home prices have been a widely debated topic.
If you want to sell your house, consider doing it this summer.
Today, the market’s changing, and buyers can usually be more selective and take more time to explore their options.
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