Menu

Latest News

Recent news from Mortgage Miracle Happens

The Connection Between Home Prices & Family Wealth

March 6th, 2017 by [shareaholic app="share_buttons" id="27157108"]

By simplify

The Connection Between Home Prices & Family Wealth | Simplifying The Market

Over the next five years, home prices are

Since the experts predict that home prices will increase by 4.4% this year alone, the young homeowners will have gained $11,000 in equity in just one year.

Over a five-year period, their equity will increase by nearly $43,000! This figure does not even take into account their monthly principal mortgage payments. In many cases, home equity is one of the largest portions of a family’s overall net worth.

Bottom Line

Not only is homeownership something to be proud of, but it also offers you and your family the ability to build equity you can borrow against in the future. If you are ready and willing to buy, find out if you are able to today!

Read More…      

[shareaholic app="share_buttons" id="27157108"]