Top Reasons To Stop Renting And Buy A Home For Next Year's Big Game
Posts from Nina Hollander always have great information and advice! I believe people should always be investing in themselves before investing in others.
Top Reasons It's Good To Be A Homeowner On Super Bowl Sunday (Or Any Sunday):
- Homeowners throw better Super Bowl Parties! It's Superbowl Sunday...watching the big game at your home with your friends and family, even if it is a smaller gathering this year than in past years, can offer many advantages. Check out the 5 reasons homeowners throw better Super Bowl parties in the infographic below.
Reasons It's Good To Be A Homeowner On Any Sunday, Not Just On Superbowl Sunday!
- Increasing rental costs. The median cost of renting has risen steadily over the past 30+ years. There is a long-standing rule that a household should not spend more than 28% of its income on housing expenses. With nearly half of renters (48%) surveyed already spending more than that, and with their rents likely to keep rising, becoming a homeowner seems to make more sense than ever!
- The networth of homeowners is higher than of renters long term. Being a homeowner can build sizeable wealth through the growth of equity in your home.
- Real estate is the best long term investment. Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 7 years! And all generations of Americans seem to agree.
- Mortgage affordability is better than ever. Just take a look at how much less expensive a mortgage at today's rate is versus the average interest rate in the fourth quarter of 2020.
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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
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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.
