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You may have heard some people say it’s better to rent than buy a home right now.
- Buying a home is a major way to build wealth and gain financial stability.
- That’s why, across different income levels, the largest part of most homeowners’ net worth is their equity.
With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now.
Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market.
Everyone’s interpretation of the American Dream is unique and personal.
- If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership.
- As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 2% since 1991.