What most real estate agents won't tell you
Here's a truth that not all real estate agents will tell you:
Just like any investment, home values can fluctuate. One month, your home could be worth a fortune 🤩, and the next, it could drop in value 😢.
However, unlike other investments, owning a home comes with benefits that extend far beyond financial gain. It provides:
- A place to call your own
- A space to add your own personality & flair
- A greater sense of security and stability
- Equity, equity, equity!
Plus, the financial perks aren't too shabby either. One 2020 survey actually showed that homeowners have an average net worth 40x higher than renters.
So yes, it's important to be aware of the potential for fluctuations in home value. BUT there are so many positive things that come with owning a home that other investments simply can't offer.
If you have questions about the real estate market in your area and what investing in a home might look like this fall, just reach out. We love to answer any and all real estate questions!