82,338 Great Reasons to Buy a Home Today

<article class="post-2108 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-2108"><span class="entry-date">April 20, 2021</span><div class="entry-header center-block text-center"><h1 class="entry-title">82,338 Great Reasons to Buy a Home Today</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=82%2C338+Great+Reasons+to+Buy+a+Home+Today&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2F82338-great-reasons-to-buy-a-home-today%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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<p><img alt="82,338 Great Reasons to Buy a Home Today | Simplifying The Market" class="webfeedsFeaturedVisual wp-post-image" decoding="async" link_thumbnail="" loading="lazy" sizes="auto, (max-width: 549px) 100vw, 549px" src="https://files.simplifyingthemarket.com/wp-content/uploads/2021/04/19123820/20210420-KCM-Share-549×300.jpg" srcset="https://files.simplifyingthemarket.com/wp-content/uploads/2021/04/19123820/20210420-KCM-Share-549×300.jpg 549w, https://files.simplifyingthemarket.com/wp-content/uploads/2021/04/19123820/20210420-KCM-Share.jpg 750w" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" width="358"/></p>
<p>The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner.<span id="more-44226"></span></p>
<p>Most experts are calling for home prices to continue appreciating over the next several years. The most recent <a href="https://pulsenomics.com/surveys/#home-price-expectations">Home Price Expectation Survey</a>, a survey of over one hundred economists, real estate experts, and investment and market strategists, expects home appreciation to increase as follows:</p>
<ul>
<li>2021: 6%</li>
<li>2022: 4.5%</li>
<li>2023: 4%</li>
<li>2024: 3.6%</li>
<li>2025: 3.5%</li>
</ul>
<p>Using their annual projections, the graph below shows the equity build-up a purchaser could earn, using a $350,000 home as an example:<a href="https://files.simplifyingthemarket.com/wp-content/uploads/2021/04/19123821/20210420-MEM-Eng-1.png"><img alt="82,338 Great Reasons to Buy a Home Today | Simplifying The Market" class="aligncenter wp-image-44228" decoding="async" height="488" loading="lazy" sizes="auto, (max-width: 650px) 100vw, 650px" src="https://files.simplifyingthemarket.com/wp-content/uploads/2021/04/19123821/20210420-MEM-Eng-1.png" srcset="https://files.simplifyingthemarket.com/wp-content/uploads/2021/04/19123821/20210420-MEM-Eng-1.png 1000w, https://files.simplifyingthemarket.com/wp-content/uploads/2021/04/19123821/20210420-MEM-Eng-1-400×300.png 400w" width="650"/></a>A homeowner could increase their net worth <strong>by over $80,000</strong> in five years. That’s an average of $16,000 annually. That number should be in any equation determining the financial benefits of owning a home compared to renting.</p>
<h3><strong>Bottom Line</strong></h3>
<p>Homeowners are going to make a substantial amount of money in home equity over the next five years. If you’re ready to buy a home, let’s connect so you can enjoy this great benefit as well.</p>
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