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Home values have increased 78 out of the past 83 years
Did you know that historically, home values have increased in 78 out of the last 83 years? That's a pretty strong long-term trend and highlights the potential for real estate to be a solid investment over time. Of course, past performance isn't a guarantee of future results, and local market conditions always play a role, but it's definitely something to consider! Let us know if you would like us to run a scenario for your personal needs.
Ownership in Where you Live.
It's a big question whether to rent vs. buy a home. Here are nine reasons why owning your home gives you the freedom to live life your way.
Median Net Worth between Owners & Renters
According the a survey conducted by the National Association of Realtors, the Average Net worth of a homeowner in 2024 was $415,000 while for renters the Average Net worth was $10,000. Home Equity still makes up a large portion of the average owners net worth.