On average, the value of a home nearly doubles every ten years

- Over the last ten years, the cost of rental housing in the U.S. has increased an average of 3% per year.

- The apartment or home that you rent for $750 a month will cost you more than $978 a month 10 years from now

- The National Association of REALTORS estimates that on average, the value of a home nearly doubles every ten years.

- As a homeowner you earn appreciation on your purchase price, something you cannot earn as a renter.

- In Illinois, the median home price has increased more than $40,000 since 2002. This value, paired with low interest rates and plentiful inventory makes now the perfect time to transition from renter to owner.

For all of your real estate needs Make An Intelligent Move and contact Richard Ives

www.richardives.remax-ni.com/

Richard Ives, ABR, e-PRO, SRES, AHWD, RECS, AIREE, REEA Broker/Instructor

Make An Intelligent Move with Richard Ives

www.richardives.remax-ni.com/

(C) RICHARD IVES 2009

*Stats from NAR