Homeownership Builds Wealth And Offers Stability

Dated: 04/29/2016

Views: 29


Homeownership Builds Wealth and Offers Stability

Homeownership Builds Wealth and Offers Stability | Simplifying The Market

The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are:

  1. They want the opportunity to build equity.

  2. They want a stable and safe environment.

Building Equity

In a recent article, John Taylor, CEO of the National Community Reinvestment Coalition, explained that those who lack the opportunity to become homeowners have a weakened ability to reinvest their wealth:

“We traditionally have been huge supporters of homeownership. We see it as a way to provide stability for households but also as an asset-building strategy. If you continue to be a renter, locked out of the homeownership arena, increasingly those things are further and further out of reach. They’re joined at the hip. They perpetuate each other.”

Family Stability

Does owning your home really create a more stable environment for your family?

A survey of property managers conducted by rent.com last month disclosed two reasons tenants should feel less stable with their housing situation:

  • 68% of property managers predict that rental rates will continue to rise in the next year by an average of 8%.

  • 53% of property managers said that they were more likely to bring in a new tenant at a higher rate than negotiate and renew a lease with a current tenant they already know.

We can see from these survey results that renting will provide anything but a stable environment in the near future.

Bottom Line

Homeowners enjoy a more stable environment and at the same time are  given the opportunity to build their family’s net worth.


Bradenton FL Real Estate Professional -Betty Burg


Betty is a motivated realtor specializing with investors, new home buyers, and move up buyers located in the following areas;Anna Maria Bradenton Bradenton Beach Cortez Ellenton Englewood Holmes Beach Lakewood Ranch Lakewood Rch Longboat Key Myakka City Nokomis North Port North VeniceOsprey Palmetto Parrish Sarasota Siesta Key Terra Ceia University Park Venice and surrounding areas. If your a buyer check out ourBuyers Advantage Program designed to protect the interest of our buyers at all cost. Bill Burg uses advanced internet marketing to insure your property gets maximum exposure and holds a high value of ethics in his work to ensure the ideal scenario for everyone! I am so confident in our ability to sell your home "I GUARANTEE it". Find out about Seller Guarantee. For help with buying or selling a property call 941-444-0018!

Latest Blog Posts

Gulfport FL Real Estate Sales Transactions

Be sure to bookmark this page in order to see all the latest Real Estate Sales Transactions occurring in Gulfport. Bonus Links:All Properties Currently For Sale In GulfportGulfport Market

Read More

Signs Of AReal Estate Slowdown

Realtor.com: Early Signs of a SlowdownBy Suzanne De Vita Home prices and sales are at their speediest yet, but there are indicators of tempering, according to data from realtor.com®.In,

Read More

What Do Buyers And Sellers Need To Be Aware Of This Summer

Ask the Expert: What Do Buyers and Sellers Need to Be Aware of This Summer?Today’s Ask the Expert column features Dan Steward, president of Pillar To Post Home Inspectors.Q: As summer

Read More

A 70 Foot Tree Blocks My View Can I Cut It Down

A 70-foot tree blocks my view. Can I cut it down?STUART, Fla. – June 8, 2018 – Question: I have a question on condominium water views. I have a waterfront condo on the 5th floor. Eight

Read More