{"id":842,"date":"2023-02-27T17:26:00","date_gmt":"2023-02-27T17:26:00","guid":{"rendered":"https:\/\/johnsonteamrealestate.com\/?p=842"},"modified":"2023-02-28T05:28:37","modified_gmt":"2023-02-28T05:28:37","slug":"one-major-benefit-of-investing-in-a-home","status":"publish","type":"post","link":"https:\/\/johnsonteamrealestate.com\/index.php\/2023\/02\/27\/one-major-benefit-of-investing-in-a-home\/","title":{"rendered":"One Major Benefit of Investing in a Home"},"content":{"rendered":"\n

One of the many reasons to buy a home is that it\u2019s a major way to build wealth<\/a> and gain financial stability. According to Freddie Mac<\/em><\/a>:<\/p>\n\n\n\n

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\u201cBuilding equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n

With spring approaching, now\u2019s a great time to consider if buying a home<\/a> makes sense for you. The best way to figure that out is to talk with a trusted real estate professional.<\/p>\n\n\n\n

The Largest Part of Most Homeowners\u2019 Net Worth Is Their Equity<\/strong><\/h4>\n\n\n\n

You may be surprised to learn just how much of a homeowner\u2019s net worth actually comes from owning their home. The National Association of Realtors<\/em> (NAR) shares<\/a>:<\/p>\n\n\n\n

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\u201cHomeownership is the largest source of wealth among families, with the median value of a primary residence worth about ten times the median value of financial assets held by families.<\/strong> Housing wealth (home equity or net worth) gains are built up through price appreciation and by paying off the mortgage.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n

In other words, home equity does more to build the average household\u2019s wealth than anything else. And according to data from First American<\/em><\/a>, this holds true across different income levels (see graph below<\/em>):<\/p>\n\n\n

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\"\"<\/a><\/figure>\n<\/div>\n\n\n

Bottom Line<\/strong><\/h3>\n\n\n\n

One of the biggest benefits of owning a home, regardless of your income level, is that it provides financial stability and an avenue to build wealth. Let\u2019s connect today so you can start investing in homeownership. Contact Johnson Team Real Estate by calling 360.303.2734.<\/p>\n","protected":false},"excerpt":{"rendered":"

One of the many reasons to buy a home is that it\u2019s a major way to build wealth and gain financial stability. According to Freddie Mac: \u201cBuilding equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.\u201d With spring approaching, now\u2019s a great time to consider if buying […]<\/p>\n","protected":false},"author":1,"featured_media":843,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-842","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uncategorized","8":"entry"},"featured_image_src":"https:\/\/johnsonteamrealestate.com\/wp-content\/uploads\/2023\/02\/one-major-benefit-of-investing-in-a-home-KCM-600x400.jpg","featured_image_src_square":"https:\/\/johnsonteamrealestate.com\/wp-content\/uploads\/2023\/02\/one-major-benefit-of-investing-in-a-home-KCM-600x410.jpg","author_info":{"display_name":"fawn","author_link":"https:\/\/johnsonteamrealestate.com\/index.php\/author\/fawn\/"},"_links":{"self":[{"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/comments?post=842"}],"version-history":[{"count":1,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/842\/revisions"}],"predecessor-version":[{"id":844,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/842\/revisions\/844"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/media\/843"}],"wp:attachment":[{"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/media?parent=842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/categories?post=842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/tags?post=842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}