The New Look Of Real Estate

inkedmichiganrealty 𝔼𝕩𝕡𝕖𝕣𝕥𝕤 𝔸𝕘𝕣𝕖𝕖: ℍ𝕠𝕞𝕖𝕠𝕨𝕟𝕖𝕣𝕤𝕙𝕚𝕡 ℙ𝕣𝕠𝕧𝕚𝕕𝕖𝕤 𝕒 ℙ𝕒𝕥𝕙 𝕥𝕠 𝕃𝕠𝕟𝕘-𝕋𝕖𝕣𝕞 𝕎𝕖𝕒𝕝𝕥𝕙 A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride homeownership offers The sense of stability In the same survey, 41% of respondents say they’d rather own a home than rent because of the unique way homeownership builds wealth over time. And experts agree – the home you own is an important tool for building your net worth. Here’s what many of those experts have to say about building long-term financial stability through homeownership. According to the National Association of Realtors (NAR): “Homeowners who purchased a typical single-family existing-home 30 years ago at the median sales price of $103,333 with a 10% down payment loan and who sold the property at the median sales price of $357,700 in 2021 Q2 accumulated housing wealth of $349,258, . . .” Mark Fleming, Chief Economist at First American, points out that a home is truly a one-of-a-kind asset. It’s the only asset that’s both an investment and a place for you to call your own. “The major financial advantage of homeownership is the accumulation of equity in the form of house price appreciation. . . . We won’t always have 17% house price appreciation, but we have to take into account the fact that the shelter that you're owning is an equity-generating or wealth-generating asset.” Homeowners can leverage the wealth they generate in several ways throughout their life. To continue reading from our blog see the link in our bio

inkedmichiganrealty Located In the highly desirable River town lofts 🏙 Spacious mondern lay out. Exposed brick throughout. Premier ground level entry steps from the pool. 📍6533 E Jefferson unit 130 💰List price : $190,000 ☑️ 1 huge master bed ☑️ 2 full baths ☑️ 939 sqft ☑️ in unit washer and dryer ☑️ fitness center ☑️ prime location walking distance to Belle Isle #inkedmichiganrealty #detroit #detroitrealestate

inkedmichiganrealty 🔥Just listed🔥 Beautiful corner lot Waterford Brick Ranch with huge fenced in yard! Prime location with many updates throughout! 📍5167 Sparrow Wood Drive, Waterford 💰 $200,000 ☑️ 975 sqft 📐 ☑️ 3 bed with 4th bed in finished basement ☑️ hardwood floors through out ☑️ 2 full bath one in lower lever ☑️ Finished basement ☑️ Heated Garage ☑️ Updated Furnace, A/C and Roof ! For additional photos 📸 and Info click link in bio

inkedmichiganrealty 🎉SOLD🎉 📍5460 Fleet Avenue, Waterford MI Congrats to Leah Bossert you did a beautiful job on brining this home back to life! I know Lots of memories were made here but we’re on to bigger and better can’t wait! #sold #mirealestate #mirealtor #puremichigan #realestate #inkedmichiganrealty