Owning a home provides one of the strongest foundations for building individual wealth and lasting financial security. If you’re
The financial benefits make it clear that buying a home now is much more advantageous than waiting until next year.
There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation.
There are many reasons this real estate market is nothing like 2008. Here are six visuals to show the dramatic differences.
Savings in any form is a good thing. The forced savings you can earn from making a mortgage payment enables you to build wealth through home equity. That equity can come in handy in both good and more challenging times.
Older millennials will be trade-up buyers with many having owned their first homes long enough to see substantial equity gains.
For first-time buyers, especially, the drop in the 30-year mortgage rate…has provided unexpected leverage. Lower rates allowed many buyers to stretch and buy more expensive homes while keeping their monthly budget the same.
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different.
The reality is, whether you’re looking for your first home or you’ve purchased one before, you most likely don’t need to put 20% down.
Home equity, for most Americans, is the quickest way to build household wealth. That wealth gives homeowners more options during good times and in difficult situations.