Why Homeownership Wins in the Long Run
With higher mortgage rates and concerns about a potential recession, people are questioning whether to buy a home this year. However, it’s crucial to consider the long-term benefits of homeownership. Home values tend to grow over time, leading to wealth accumulation. A recent survey shows that 70% of respondents believe buying a home is a safe investment. Home price appreciation has been significant, with national averages of over 56% in five years and over 290% in 30 years. Despite talks of a housing crash, prices are rebounding, making homeownership a wise choice compared to renting.
The Worst Home Price Declines Are Behind Us
If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home prices aren’t in a freefall. The latest data tells a very […]
5 Reasons Millennials Are Buying Homes
In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. But why? There are plenty of reasons you may choose to […]