As the economy continues to
improve, more and more Americans are seeing their personal financial
situations also improving. Instead of just getting by, many are now beginning
to save and find other ways to build their net worth. One way to dramatically
increase their family wealth is through the acquisition of real estate. For
example, let’s assume a young couple purchases and closes on a $250,000 home
in January. What will that home be worth five years down the road? Pulsenomics surveys a
nationwide panel of over one hundred economists, real estate experts and
investment & market strategists every quarter. They ask them to project
how residential prices will appreciate over the next five years. According to
their latest survey,
here is how much value that $250,000 house will gain in the coming years.
Over a five year period, that homeowner can build their home equity to over $40,000. And, in many cases, home equity is large portion of a family’s overall net worth.
Bottom Line
If you are looking to better your family’s
long-term financial situation, buying your dream home might be a great
option.
David Demangos 858.232.8410 Locally Known, Globally Connected Luxury Home Marketing Specialist Global Property Specialist David@AwesomeSanDiegoRealEstate.com www.AwesomeSanDiegoRealEstate.com Our Team Goes to Extremes to Fulfill Your Real Estate Dreams! |
Saturday, January 16, 2016
Building Family Wealth Over The Next 5 Years
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