January 2018 Residential HighlightsThe Portland metro area saw plenty of pending sales and new listings this January. Pending sales, at 2,311, outpaced January 2017 (1,990) by 16.1% and December
84 Percent Of Americans Believe Buying A Home Is A Good Financial Decision
According to the National Association of RealtorsÂ®â€™ 2017 National Housing Pulse Survey, 84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 â€“ before the housing crisis. Those surveyed pointed out five major reasons why they believe homeownership is a good financial decision:
Homeownership means the money you spend on housing goes towards building equity, rather than to a landlord
Homeownership creates the opportunity to pay off a mortgage and own your home by the time you retire
Homeownership is an investment opportunity that builds long-term wealth and increases net worth
Homeownership means a stable and predictable monthly mortgage payment
Homeownership allows for various deductions on federal, state, and local income taxes
The survey also revealed that the majority of Americans strongly agree that homeownership helps create safe, secure, and stable environments.
Homeownership has always been and still is a crucial part of the American Dream.
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Why You Need a Professional on Your Team When Buying a HomeTuesday January 25th, 2018 First Time Home Buyers, For Buyers, Move-Up BuyersMany people wonder whether they should