home ownership benefits: Why Delay Building Your Wealth? Buy A Home Now... Don't Wait.
- 05/30/19 05:08 AM
Owning Real Estate: The Path To Financial Security Owning real estate is one of the best long term investments most people make that helps them build weath and financial security. And it typically starts with buying one's own home. Of course, there's always the question "when is the best time to buy?" Trying to time the real estate market perfectly would be like trying to time the stock market perfectly... it's virtually impossible to do.
One thing we know is that the net worth of a homeowner is much greater than that of a renter. The most recent Federal Reserve Survey of Consumer (35 comments)
So don't be fooled today or any day about homeownership ~ it's a great investment financially and emotionally!
If you want serious agents who won't fool around in helping you buy or sell your home, contact Carolinas Realty Partners.
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home ownership benefits: Real Estate Proved To Be An Excellent Investment In 2015
- 02/17/16 07:40 AM
Real estate proved to be an excellent investment in 2015 and home ownership is still very much a major factor in the American Dream. Check out the chart below showing how real estate values performed in 2015 as compared with other investment vehicles, including the stock market and precious metals.
As with any investment, it's never possible to predict long term returns on real estate with any complete accuracy. And it's worth keeping in mind that real estate is not just a financial investment, but also a personal investment with social ramifications. The the American Dream of homeownership is quite "alive and well."
Americans (38 comments)
home ownership benefits: Owning A Home Builds Your Family's Wealth: Why You Should Buy Not Rent
- 10/28/15 06:46 AM
Owning a home has a significant impact on building your family's wealth. In fact, according to a recent study by Forbes, people who own their homes will have a net worth 45 times greater than those who rent. Just a few months ago, in June, during National Homeownership Month I wrote about how homeowners have a net worth that was 36 times greater than that of renters! The latest statistics shows that the gap between homeowners and renters is projected to be 45 times greater as 2016 rolls around.
The chart below clearly shows this increasing gap in wealth between homeowners and (17 comments)
It's National Homeownership Month in June and here's Reason #8 why you should own your own home:
OWNING A HOME PROVIDES TAX BENEFITS YOU DON'T GET WHEN RENTING
Owning your own home provides a number of tax benefits that you don't get when renting. And who doesn't want to save on taxes? Some of the tax benefits you get when owning your own home include:
Mortgage Interest: the interest you pay on your mortgage is tax deductible. And in the early years of a mortgage most of the payment you make is interest. Home Equity Line: If you have a home equity line of (35 comments)