For most of Texas history, a piece of land was priced on the obvious things. Acreage. Grass. Road frontage. Whether the fences held and the barn was standing.That's changing fast. Across most of the
Dated: February 27 2023
Views: 225

One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac:
“Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.”
With spring approaching, now’s a great time to consider if buying a home makes sense for you. The best way to figure that out is to talk with a trusted real estate professional.
You may be surprised to learn just how much of a homeowner’s net worth actually comes from owning their home. The National Association of Realtors (NAR) shares:
“Homeownership is the largest source of wealth among families, with the median value of a primary residence worth about ten times the median value of financial assets held by families. Housing wealth (home equity or net worth) gains are built up through price appreciation and by paying off the mortgage.”
In other words, home equity does more to build the average household’s wealth than anything else. And according to data from First American, this holds true across different income levels (see graph below):
One of the biggest benefits of owning a home, regardless of your income level, is that it provides financial stability and an avenue to build wealth. Let’s connect today so you can start investing in homeownership.
I am proud to say I was born and raised in Texas, I grew up in Fort Worth as a child. I moved to Johnson County 30 years ago when I purchased my first home and raised my family. I have been blessed wi....
For most of Texas history, a piece of land was priced on the obvious things. Acreage. Grass. Road frontage. Whether the fences held and the barn was standing.That's changing fast. Across most of the
Sellers Are Cutting Prices To Meet Buyers Where They're AtYou're scrolling through listings on your phone and everything looks good until you see the price (or the estimated monthly payment). Then
When you live on acreage, preparing for an emergency isn't just about protecting your home. It's about protecting every animal that depends on you.Living with horses, livestock, and pets is one of
If you're waiting for mortgage rates to fall a lot before you buy, you may be waiting a while. But before you get discouraged, there's a number working behind the scenes that's actually good for you