Top Three Reasons Why Homeownership Rules

Real Estate Agent with The "Z" Team 4 RE, Inc.

Top Three Reasons Why Homeownership RulesEven in today's topsy-turvy economy, owning a Ventura home is still a solid investment.  Now that home prices are back at reasonable levels, mortgage rates remain incredibly low and inventory is plentiful, it's a great time to buy.  Here are the top three reasons why homeowership rules:

1. It's Yours - Obviously, if you own it, it's yours.  But, when you own your Ventura home instead of renting it, you get to mold your living space into whatever you need or want it to be.  You don't need to ask permission from a landlord.  Also, the longer you stay in a home, the more equity you can build up.  Equity is the difference between what you owe on a property and what the property's worth.  In past years, homes typically appreciated at a rate of 4-6% per year.  While some homeowners who bought a Ventura house when the real estate market was at its crazy peak a few years ago are experiencing negative equity right now, still more homeowners who have bought in just the last couple of years are experiencing a positive equity now.  When home values go up (and they will), your equity will increase as well.

2. Sense of Security - Studies have shown that kids raised in a home that is owned by their parents rather than renting have a lower rate of pregnancy and drug use.  This has been attributed to the fact that most homeowners stay in one place for a longer period of time rather than moving around from place to place every few months like renters tend to do.  Also, if you have a fixed rate mortgage, you know what your monthly payment is going to be two, three, five and even ten years down the road.  Rent, on the other hand, will fluctuate depending on how long your lease is and tends to increase after your lease is up.

3. Bargains Galore - I know we've said this before, but there are definitely bargains to be had in the Ventura real estate market.  Whether you're looking to buy that first starter home, you need a larger place for an expanding family or your little ones have grown up and moved out so you need to downsize, you'll find it here.  Ventura home prices are at exceptionally reasonable levels as well.  When you partner that with interest rates hovering around 4%, it ends up being cheaper to buy than to rent a home

What are you waiting for?  Contact us now so you can learn for yourself why Ventura homeownership totally rules!  Home prices in some areas are even beginning to go up.  So, don't miss out on your opportunity to own your own piece of the American dream now!

Dave and Pat Zumbrun, Your Ventura County real estate specialists

Posted by


Ventura Real Estate - The

 430 Manzanita Court 
Ventura, CA 93001

(805) 340-9338 - Office

Pat Zumbrun
Associate Realtor®
Cell: (805) 340-9338
DRE #01229401

Dave Zumbrun
Associate Broker
Cell: (805) 340-9339
DRE #01227683

Visit Dave and Pat's Facebook business pageFollow Dave and Pat on TwitterView Dave and Pat's LinkedIn profile

Comments (1)

Jeff Jensen
The Federal Savings Bank/Lending in 50 states - Greenwich, CT

With rents sky rocketing, now is a good time to freshen up your buy vs. sell presentation.

Nov 03, 2011 06:10 AM