Owning a Home Has Distinct Financial Benefits Over Renting

By
Real Estate Agent with Champion Real Estate Group 0561240

Owning

Some Highlights

  • When you rent, you build your landlords wealth, your monthly payment depends on ever-rising rents, and you don't benefit from home price appreciation.
  • On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation.
  • If you're feeling the challenges of a competitive market, remember that homeownership is a long-term game. Persevering today will lead to financial rewards in the future.

 

 

Posted by

Shayne Email Signature

Comments (3)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Shayne, great graphics for buyers to see for them to make good decisions.  

Jun 18, 2021 06:20 AM
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great information from KCM...I shared this elsewhere as well!

Jun 18, 2021 06:23 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Shayne:

This is certainly a highly relevant topic for many renters.

I love what KCM shares and often share it with my database an on my blog.

Jeff

Jun 18, 2021 07:46 PM