Why Homeownership Wins in the Long Run

Here & rsquo; s an appearance at how simply the home price gratitude piece can truly include up over the years. If you look at the percent change in house rates, you can see house prices grew on average by just over 56%nationwide over a five-year period. If you & rsquo; re questioning if it still makes sense to purchase a house today, remember the extraordinary long-term advantages of homeownership. Here & rsquo; s a look at how simply the house cost appreciation piece can really include up over the years. And, because house costs vary by area, the map is broken out regionally to assist convey bigger market patterns. If you look at the percent modification in home rates, you can see home rates grew on average by just over 56%nationwide over a five-year duration. That means, in a lot of markets, your house must grow in worth over the next year. If you & rsquo; re questioning if it still makes sense to buy a house today, remember the incredible long-lasting benefits of homeownership.