This info is provided by the National Association of Realtors....
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.
Work with a REALTOR®, a member of the National Association of REALTORS®, they can show you options inyour area that best fit your situation.
To learn more, visit HousingMarketFacts.com.
EVERY MARKET’S DIFFERENT, CALL A REALTOR® TODAY.
60% OF THE AVERAGE HOMEOWNER’S WEALTH
COMES FROM THEIR HOME’S EQUITY.
IT’S LIKE A SAVINGS PLAN YOU DIDN’T KNOW YOU HAD.
©2008 National Association of REALTORS®.Figure obtained from the U.S. Department of Housing and Urban Development.
*NAR existing home sales historic series.