Why Owning a Home is a Powerful Financial Decision
Why Owning a Home Is a Powerful Financial Decision In today’s housing market, there are clear financial benefits to owning a home: increasing equity, the chance to build your net worth, and appreciating home values, just to name a few. If you’re a renter, it’s never too early to think about how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of greater financial security and savings. 1. You Won’t Always Have a Monthly Housing Payment Personal finance advisor Dave Ramsey explains: “Every payment brings you closer to owning the house. When you pay…
There’s a Long Line of Buyers Waiting to Buy Your House!
If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted, “Sellers tend to be more reluctant to list during the colder time of year when the market typically makes a seasonal slowdown.” However, a recent report by ShowingTime reveals how this year is different. Buyer activity is way up compared to the same time last year. The report explains, “The nation’s 12.6% growth in home showings compared to 2018 was the most significant jump in buyer traffic during the current four-month streak of year-over-year increases. The West Region saw the greatest growth…
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