It's National Homeownership Month ~ Reason #1 To Own Your Own Home

By
Real Estate Agent with Coldwell Banker Realty

It's National Homeownership Month in June and here's Reason #1 why you should own your own home:

 

 

PAYING RENT IS NOT A GOOD INVESTMENT!

 

Reason #1 To Own Your Own Home

 

Homeowners Have More Retirement Assets Than Renters: Did you know that experts are now predicting that by the end of the year, a homeowners' wealth will be more than 40 times greater than that of a renter? And besides

You Are Paying A Mortgage Whether You Rent Or Buy: it's just a question of whether you want to continue to pay your landlord's mortgage and have nothing to show for it at the end, unlike with your own mortgage where you can enjoy tax benefits and equity appreciation over the years. Moreover:

Currently Buying A Home Is More Affordable Then Renting A Home:  buying a home is 30+% more affordable today than renting one. Why spend more money on housing than you need to?

 

Read More About Why You Should Own And Not Rent:

  

 

If you are a renter, who would like to make the transition from renter to homeowner, contact Nina Hollander and Carolinas Realty Parters with Coldwell Banker Residential Brokerage.

We can help you turn your rent payments into mortgage payments!

 

SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

If you are considering purchasing a home in the Charlotte metro area, I would love an opportunity to earn your business, exceed your expectations, and to prove to you that:

 "The Right Broker Makes All The Difference."

 

Posted by

 

SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From Charlotte/Ballantyne/Waxhaw/Fort Mill
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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Oh by the way, I'm never too busy for any of your referrals!

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Praful Thakkar 06/05/2015 11:00 PM
Topic:
Real Estate Market Trends
Location:
North Carolina
Groups:
Inspiration !!
Charlotte NC Real Estate
Advice for Buyers
Union County NC Real Estate
Inspiration Station
Tags:
national homeownership month
renting vs buying a home
june is national homeownership month
reason 1 to buy your own home

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Rainmaker
908,388
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

Nina, with home prices going up it is harder for first-time home buyers to break in the market to buy a home. Paying a mortgage is forced savings so it makes sense home owners' wealth would be greater than renters'.  

Jun 03, 2015 02:15 PM #27
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Nina...this is going to be a great series for you. You've already made some great points on how owning a home is beneficial. Keep going. 

Jun 03, 2015 02:45 PM #28
Ambassador
931,698
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Nina, there are more good reason to own verse renting. Good timely post. 

Jun 03, 2015 02:50 PM #29
Rainmaker
3,463,333
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox ~ I've been swamped this year with first time buyers who have received huge rent increases and are now buying paying several hundred dollars less each month in mortgage payments than rent.

Jun 03, 2015 08:32 PM #30
Rainmaker
3,463,333
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Wanda Kubit-Nerdin ~ rents have gone up so far and so fast in the Charlotte area the past year, I've found that many first-time buyers are "running" to speak with lenders to see if they can buy. Fortunately, many of them can and NC has some good programs for first time buyers with limited funds.

Jun 03, 2015 08:33 PM #31
Rainmaker
3,463,333
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Debbie Laity ~ stay tuned... next "edition" out today, as soon as I have 30 minutes free to put it together.

Jun 03, 2015 08:34 PM #32
Rainmaker
3,463,333
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Pamela, fortunately here in the Charlotte metro area, homes are still much, much more affordable than in California, so getting first-time buyers into a home is easier, although challenging due to lack of inventory.  

Pamela Seley, REALTOR®
Jun 03, 2015 08:36 PM #33
Rainmaker
3,463,333
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Frank Rubi, MBA ~ I'm doing a "series" on good reasons to own not rent this month... and those reasons go beyond just the financial aspect.

Jun 03, 2015 08:36 PM #34
Rainmaker
1,299,484
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

Nina Hollander ~ what a great celebration!!!! Home-ownership is a great thing, I am a firm believer that home-ownership builds stability and wealth

Jun 04, 2015 03:59 AM #35
Rainmaker
581,492
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Hi Nina: Excellent reinforcement message to renters and tenants out there.

Sharing again. :)

Jun 04, 2015 06:18 AM #36
Rainmaker
3,463,333
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Thanks, Maria Gilda Racelis... too many renters still don't get how much money they may be throwing away.

Jun 04, 2015 07:48 AM #37
Rainmaker
3,463,333
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Jon Kolsky ~ that's a message we can't send out enough about the benefit of homeownership.

Jun 04, 2015 07:49 AM #38
Rainmaker
4,432,838
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I hope renters will read this post and call you to be their agent in Charlotte.

Jun 04, 2015 09:54 PM #39
Rainmaker
3,463,333
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Gita Bantwal ~ I hope that happens and then some days I hope it doesn't happen, as it gets increasingly harder to find homes for these people.

Jun 04, 2015 10:12 PM #40
Rainmaker
1,898,236
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Such a valid point, Nina--#1 reason for many people.

Jun 04, 2015 11:51 PM #41
Rainmaker
3,463,333
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lottie Kendall ~ as rent rates keep escalating in Charlotte the points about buying versus renting become more and more valid.

Jun 05, 2015 12:12 AM #42
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4,306,594
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

 Nina Hollander so many reasons - and only one thing for buyers to do is -- buy a home! A month is more of an incentive! And after what happened in mortgage rates recently....everyone is out there!

Jun 12, 2015 01:15 PM #43
Rainmaker
3,463,333
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Praful Thakkar ~ let  interest rates pop up another 1/2 percent and they'll be out there in droves!

Jun 12, 2015 10:10 PM #44
Rainer
320,145
Mark Artesani
Keller Williams Realty - Fountain Valley, CA
Huntington & Newport Beach, Fountain Valley Homes

Nina,

Nicely done. Happy Home Ownership Month.

Jun 01, 2019 06:59 AM #45
Rainmaker
3,463,333
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Mark Artesani thanks, Mark. I promote this month every year I so much believe it's an integral part of the American Dream. And I love helping people attain that dream!

Jun 01, 2019 07:16 AM #46
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