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82,338 Great Reasons to Buy a Home Today in Metro Milwaukee WI

82,338 Great Reasons to Buy a Home Today | MyKCM

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.

Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price Expectation Survey, a survey of over one hundred economists, real estate experts, and investment and market strategists, expects home appreciation to increase as follows:

  • 2021: 6%
  • 2022: 4.5%
  • 2023: 4%
  • 2024: 3.6%
  • 2025: 3.5%
82,338 Great Reasons to Buy a Home Today | MyKCM

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 homeowner could increase their net worth by over $80,000 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.

Bottom Line

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.

Greater Milwaukee, WI Real Estate – Jerry Grosenick, Trainer, Coach, Broker, PSA, CRS, CREN, ABR, SFR, REALTOR focusing in Washington County, Waukesha County, Ozaukee County and Milwaukee County in WI.  I believe in giving real estate agents the best Training, Branding, Technology, Culture and Financial Security in the industry.  Click here to begin your home search or start with a complimentary home valuation here!  To discuss your real estate needs, feel free to call or text me at 262-573-9334.  If you would like my mobile business card, TEXT to 85377 and put in message: iwantjerry

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