Key Takeaways: The headlines about declining housing affordability are correctābut theyāre not taking into account inflation rates.Ā Buying a home is actually more affordable today compared to almost every year in the last five decades, which means you can afford homeownership.Ā Here at Linda Craft & Team, we want all our clients to take advantage […]
Tag Archives: the benefits of homeownership
Are You Intimidated as a Young Homebuyer?
Key Takeaways: There are many home-buying myths that intimidate young buyersāand weāre here today to debunk these damaging myths.Ā Buying a home is more affordable today compared to historical averages, which means you may be able to afford more home than you think.Ā Here at Linda Craft & Team, we understand that being a young […]
Is Buying a Home Still Affordable?
Key Takeaways: Buying a home is more affordable today compared to the historical average, partially due to unprecedented low mortgage rates.Ā Ā Waiting to purchase a home could cost you money in the long run, especially if your rent payments are impacted by inflation.Ā Linda Craft & Team wants you to know that you can afford […]
Two Lesser-Known Benefits of Rising Home Equity
Despite economic instability and a sense of general uncertainty that has hung heavy in the air since early 2020, the real estate market has been booming. Rock-bottom interest rates have caused buyer demand to soar, which in turn has pushed home prices skyward at surprising rates. And rising prices also mean rising home equityāwhich has […]
Here’s Why a Homeowner’s Wealth Is 40 Times Greater Than a Renter’s
For generations, homeownership has been a pivotal part of the American Dream. Owning a home is one of the best ways to build financial security, and it can exponentially increase your wealth over time. Even as prices continue to skyrocket, low interest rates have made buying a home more affordable. If you’re currently renting, we […]
Is This the #1 Benefit of Homeownership?
Thereās a reason homeownership has long been a critical pillar of the American Dreamāand itās not just about the white picket fence. Many economists will tell you that buying a home is one of the savviest financial investments you can make. So does that mean wealth is the #1 benefit of homeownership? Financial Wealth: The […]
Homeownership Rates Are Higher Than Theyāve Been in 8 Years!
3 Oft-Overlooked Financial Advantages to Homeownership
Buying a home comes with a lot of perks, both financial and personalābuilding equity, finding a place to belong long-term, becoming part of a communityābut there are some overlooked financial advantages to homeownership, too. Financial Advantages to Owning You Didnāt Know About If youāre still renting or havenāt owned a home recently, you might not […]
How Homeownership Makes the Biggest Difference
If you’re looking for the most surefire way to build your wealth, become a homeowner. We’ve blogged about this in the past, but it really is one of the most effective (and simplest) ways to build your wealth for the long term. The majority of homeowners take out a mortgage loan to buy their home. […]