Investing in a home comes with a significant advantage, which can be highlighted by the 2manny homes for sale team.

One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.” With spring approaching, now’s a great time to consider if buying a home makes sense for you. The best way to figure that out is to talk with a trusted real estate professional. The Largest Part of Most Homeowners’ Net Worth Is Their Equity You may be surprised to learn just how much of a homeowner’s net worth actually comes from owning their home. The National Association of Realtors (NAR) shares: “Homeownership 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. Housing wealth (home equity or net worth) gains are built up through price appreciation and by paying off the mortgage.” In other words, home equity does more to build the average household’s wealth than anything else. And according to data from First American, this holds true across different income levels (see graph below):     Bottom Line 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’s connect today so you can start investing in homeownership.

The Perfect Starter Home: A Review of the Listing at 4732 BEACON ST, ORLANDO, FL 32808

4 BEDS 2 BATHS 1298 SQFT BUILT IN 1976 4732 Beacon St, is a spacious 4-bedroom, 2-bathroom home with a pool. It is situated in a peaceful neighborhood near the Clarcona-Ocoee area. It offers ample living space, including a living room, a kitchen with an eating area, and a large backyard. The house is well-maintained, with recent upgrades such as a new air conditioner in 2022 and a new roof in 2019. The backyard features a private in-ground pool and the property sits on a 75 by 110-foot lot, providing plenty of outdoor space for you to enjoy. This home presents a fantastic opportunity for you even as an investor or to make it your own by adding your own personal touches and decorations. If you're interested in viewing its features and amenities and determining if it meets your needs and preference it's recommended that you call today to schedule an appointment. So, don't wait any longer and make the call today. 4732 BEACON ST, ORLANDO, FL 32808

Falling Head Over Heels for Homeownership: The Simple Reason Why It's So Easy - 2 Manny Homes for sale Team Orlando Florida

No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives and also because it’s a space that’s truly yours. Over the last few years, we’ve fully embraced the meaning of our homes as we spent more time than ever in them. As a result, the emotional benefits our homes provide have become even more important to us. As the most recent State of the American Homeowner from Unison puts it: “. . . one thing has stayed the same: the home continues to be of the utmost importance and a place of security and comfort.” The same study from Unison notes: 91% of homeowners say they feel secure, stable, or successful owning a home 64% of American homeowners say living through a pandemic has made their home more important to them than ever It’s no surprise this study also reveals that homeowners now love their homes even more as our attachments to them have grown: The National Association of Realtors (NAR) also explains: “In addition to tangible financial benefits, homeownership brings substantial social benefits for [households], communities, and the country as a whole.” In other words, not only does owning a home build your net worth over time, but it also gives you and your loved ones a place to thrive. And by living near people with shared experiences, homeownership helps you connect with your community and contribute meaningfully. Bottom Line If you are considering purchasing your initial residence, upgrading to your ideal home, or downsizing to suit your evolving lifestyle, I can be the solution to discovering a dwelling that captures your heart.