One Major Benefit of Investing in a Home
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac:
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac:
According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable.
If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built.
![[:en]Why It’s Easy To Fall in Love with Homeownership[:]](https://i0.wp.com/gohomene.com/wp-content/uploads/2023/02/why-its-easy-to-fall-in-love-with-homeownership-KCM.jpg?resize=750%2C410&ssl=1)
[:en]No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives and also because it’s a space that’s truly yours.
Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what Read More
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As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color. It’s an important experience to Read More
![You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]](https://i0.wp.com/gohomene.com/wp-content/uploads/2023/02/You-May-Not-Need-As-Much-As-You-Think-For-Your-Down-Payment-KCM-Share.png?resize=750%2C410&ssl=1)
![Homeownership Builds Your Wealth over Time [INFOGRAPHIC]](https://i0.wp.com/gohomene.com/wp-content/uploads/2023/01/Homeownership-Builds-Your-Wealth-In-The-Over-Time-KCM-Share.png?resize=750%2C410&ssl=1)
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to Read More