Some interesting facts from the National Association of Realtors
60% of the average home owner’s wealth comes from their homes’ equity, it’s like a savings plan you didn’t know you had. You might be wondering if buying a home right now is a smart financial decision. The fact is, homeownership is key to building long-term wealth, no matter when someone buys. Studies show that, over time, most homeowners will steadily build equity. For example, during the past three decades, home values have increased an average of more than 6.0% per year. Of course, owning a home is much more than a way to gain a financial edge, it’s also where you raise a family and create life-long memories. On an average the value of a home nearly doubles every ten years. Now that’s what you call home sweet home. If you have been waiting for the right time to buy a home, you should know the facts about homeownership. Give us a call at Buy and Sell Right Realty. The Right choice for all your Real Estate needs, to find out if homeownership is right choice for you, and to get a copy of our report 10 Steps to Home Ownership, systematic steps to help you buy a home.