homeownership creates real wealth: Not Yet A Homeowner? Why You Should Become One Sooner, Not Later
- 09/16/23 10:55 AM
HOMEOWNERSHIP PAYS OFF! If you're not yet a homeowner, here's why you should seriously consider becoming one sooner and not later despite the higher interest rates and increasing home prices. Since Quarter 1-1991, home prices have risen 297.7% nationally. In North and South Carolina they have risen over 300% in the past couple of decades.
Is it any wonder that housing represents the largest asset owned by most households and is a major means to accumulate wealth?
Is it any wonder that 74% of Americans list homeownership as the top cornerstone of financial success!
Is it any wonder that 75% of Americans say they would (27 comments)
HOMEOWNERS HAVE 40 TIMES MORE NET WORTH THAN RENTERS!
HOMEOWNERSHIP IS STILL THE AMERICAN DREAM: VIDEO
If you're a Charlotte area renter, who's tired of renting and would like to declare your independence this Independence Day Weekend and make that transition from renter to homeowner, contact Nina Hollander with Coldwell Banker Realty. I can help you turn your rent payments into mortgage payments. We've been opening doors for Charlotte region home buyers for 20+ years!
Each year the month of June is National Homeownership Month... and June 2022 is no exception.
As President Biden's Proclamation of National Homeownership Month of June 2022 said: " Homeownership is a major source of generational wealth for many Americans — it is a central part of the American dream."
Homeownership Month is a time to celebrate and promote the American Dream of owning a home. It's also great time to reflect on the many benefits of homeownership that go beyond the financial. Homeownership provides social stability, helps build safe neighborhoods, and contributes to the overall well-being of the American (28 comments)
homeownership creates real wealth: How Home Ownership Creates Real Family Wealth
- 02/20/16 09:10 PM
Home ownership creates real family wealth. Did you know that the average home owner has 45 TIMES the net worth of someone who rents? And this difference in net worth is growing. Not that long ago the difference was only 36 times (although even a 36 times differential is quite substantial). Over the long term, there is no doubt that home ownership creates real family wealth.
With historically low interest rates, this is still a great time to buy a home and to begin building your own family's wealth. If you've been thinking about beginning your own journey towards home ownership you can (25 comments)