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"We love our new home. Thanks go out to Richard for his tremendous efforts, efficiency, and concern. He deserves a gold medal for his professionalism."
- Mark & Mary
Facts About Homeownership and The Value of Real Estate As a Long-Term Investment
Over the past 30 years, the median price of existing homes has increased an average of more than 6 percent each year, and home values nearly double every 10 years, according to the historical data from NAR's existing home sales series. A Federal Reserve study has shown that the average homeowner's net worth is 46 times the net worth of the average renter. Despite this and other research, some potential homebuyers are being kept on the sidelines as they react to national media report about the housing market.
Nobody buys a home in the national real estate market. All real estate markets are local, and buyers and sellers who are thinking about making a move should consult with a Realtor in their local market to learn about condition specific to the area. It's also advisable to look beyond the immediate horizon - real estate has proven itself to be a good long-term investment and a safe, secure way to build long-term wealth.
Interest rates are at a 2-year low.
For more information on why now is a great time to buy a home in the Fox Cities home market, contact Richard DeKleyn at 920-993-5431 or email him at rdekleyn@new.rr.com.