With interest rates reaching new heights every few months, is this still the time to buy a new Door County home?
The answer is absolutely. Historically, rates are still lower than they were 40 years ago (even 25 years ago) and this re-blog of an excellent post shows how home ownership is still the true path to wealth. Remember, renting is making some ELSE wealthy. If you're searching for a Door County dream home, I can help. View the entire Door County MLS at moredoorcounty.com today.
It's the Great American Dream that most people strive for. Some buy big homes and others buy smaller homes and some will always rent. But, in the end, owning a home has many benefits and is the best way to accumulate wealth.
Homeownership Wins Over Time
Some Highlights
- If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership.
- As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 290.2% since 1991.
- Homeownership wins in the long run. If you’re ready to buy a home, reach out to a local real estate professional today.
Thank you to KCM for providing the infographic
I pray that God our Father and the Lord Jesus Christ will be kind to you and bless you with peace
2 Thessalonians 1:2
Doug Dawes REALTOR®, AWREP, LMC
Broker Sales Associate
KELLER WILLIAMS REALTY - Topsfield/Newburyport
49 Main Street
Topsfield, MA 01983
978-887-3995 ~ Office
978-270-3037 ~ Cell
DougDawes@KW.com
MaryKay Shumway it is not even close. Homeownership has FAR more benefits than renting.
MaryKay Shumway
Sister Bay, WI
Enjoyed your blog page, and I added you as a friend. I would love the follow back. Bill
It still is a great time to buy, as in Denver, prices are down, so still a good deal.
![Homeownership Wins Over Time [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2022/11/03125918/20221104_homeownership-wins-over-time-NM.jpg)
Comments(5)