Wealth

On the Fence of Whether or Not To Move This Spring? Consider This.

April 14, 2022

If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To help answer both of those questions, let’s turn to

Do You Know How Much Equity You Have in Your Home? [INFOGRAPHIC]

April 8, 2022

Some Highlights Your net worth has gotten a big boost if you’re a homeowner. That’s because recent home price appreciation has increased your equity. Your equity grows as you pay down your loan, and your home increases in value. Over the past year, the average homeowner’s equity rose by $55,300. Ready to sell? Use

The Future of Home Price Appreciation and What It Means for You

April 7, 2022

Many consumers wonder what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is different today. For example, Odeta Kushi, Deputy Chief Economist at

A Key To Building Wealth Is Homeownership

March 28, 2022

The link between financial security and homeownership is especially important today as inflation rises.  But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says: “Homeownership is rewarding in so many ways and can serve

The Difference Between Renting and Owning [INFOGRAPHIC]

February 26, 2022

Some Highlights If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home. As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan. If you’re weighing your options,

Real Estate Voted the Best Investment Eight Years in a Row

February 21, 2022

In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below): If you’re thinking about

Are You Ready To Fall in Love with Homeownership?

February 14, 2022

Financial benefits are always a key aspect of homeownership, but it’s also important to understand that the nonfinancial and personal benefits are why so many people genuinely fall in love with their homes. When you own your home, you likely feel a sense of emotional attachment because of the comfort it provides,