The Value Of Homeownership

Dated: August 29 2019

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According to the real estate data firm, CoreLogic, it pays to be a homeowner. 

Over the past year, the average equity in a home with a mortgage increased by more than $16,000 nationwide. That amounts to an average annual increase of nearly 12.5%!

Homeowners in California gained an average of $48,800, the highest increase in equity of the 50 states! Other highly competitive markets saw significant increases as well. Home equity in Washington rose an average of $41,100; in Nevada, $32,200; in Hawaii, $29,600; and in Massachusetts, $23,500.

What other investment can give you that kind of return?!? If you're a first-time home buyer and you're not sure where to even begin with this whole home buying process, give me a call. I'd be more than happy to break down the steps and help get you in touch with the right people to start you on your journey to home ownership!

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Rachel Librach - CalDRE #02081922

I understand that buying a home can often times be one of the biggest financial decisions of a person's life. Not only can the whole process seem stressful, emotional, and time consuming, but if you a....

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