Posts Tagged ‘Wealth building’
Your Home Is a Powerful Investment
Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash. Some in the media were even forecasting home prices would drop by as much as 10-20%—and that might have made you feel a bit ...
Bridging the Gaps on the Road to Homeownership
Homeownership is a major part of the American Dream. But, the path to achieving this dream can be quite difficult. While progress has been made to improve fair housing access, households of color still face unique challenges on the road to...
Home Prices Forecast To Climb over the Next 5 Years
Some Highlights If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year...
Ways Your Home Equity Can Help You Reach Your Goals
If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . ...
The Difference Between Renting and Buying a Home
Some Highlights When deciding between buying a home or renting, think about these three important factors. Buying a home means avoiding rising rents, owning a tangible and valuable asset, and growing your wealth over time. ...
Homeowners Have a Lot of Equity Right Now
Some Highlights Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost. Almost half of homeowners are equity rich because they have at...