Milestone Germantown MD | How Can I Increase My Family’s Net Worth?

By
Real Estate Broker/Owner with Maxus Realty Group - Broker 301-246-0001 Broker - Realtor - CEO

Milestone Germantown MD | How Can I Increase My Family’s Net Worth?

 

At a local level in Germantown Maryland, buyer confidence remains strong with some changes that varies on the price level and whit type of houses they are looking for.     

Particularly in and around Milestone 20876 zip code. The addition of new store and business entities in the area makes Milestone one of the most busiest areas in Germantown.      

As you are aware, for most families, choosing a new home is the biggest financial decision they will ever make and for that reason, there are many complicated decisions involved in choosing your new home.      

Today I would like to talk to you about How Can I Increase My Family’s Net Worth?

 

Every three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016.

The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013).

These numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter.

 

Owning a home is a great way to build family wealth.

 

 

READ MORE: https://www.reallynicehomes.com/blog/milestone-germantown-md-how-can-i-increase-my-familys-net-worth/

???Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system
www.99SOLD.com - Call or text 240-426-5754 for more information.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
Maryland Montgomery County Germantown Milestone
Groups:
Local Expert
Tags:
milestone
milestone germantown homes for sale
milestone selling a home
milestone buying

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
497,983
Dörte Engel
RE/MAX Leading Edge - Bowie, MD
ABC - Annapolis, Bowie, Crofton & rest of Maryland

Dear Fernando,

If you have the time to keep the house for a while, buying is always better than renting. If you are buying near a developing area, that might just be the cherry on top with additional appreciation.

Feb 25, 2019 11:42 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
1,975,808

Fernando Herboso - Broker for Maxus Realty Group

301-246-0001 Serving Maryland, DC and Northern VA
Ask me a question
*
*
*
*
Spam prevention

Additional Information