Why Homeownership Wins in the Long Run

Here & rsquo; s an appearance at how just the home price appreciation piece can really add up over the years. If you look at the percent change in home rates, you can see home prices grew on average by just over 56%nationwide over a five-year duration. If you & rsquo; re questioning if it still makes sense to buy a house today, remember the incredible long-term benefits of homeownership. Here & rsquo; s a look at how just the house price appreciation piece can actually include up over the years. And, because home prices vary by area, the map is broken out regionally to help communicate bigger market patterns. If you look at the percent modification in house prices, you can see home costs grew on average by just over 56%nationwide over a five-year duration. That means, in a lot of markets, your home should grow in value over the next year. If you & rsquo; re questioning if it still makes sense to buy a house today, remember the extraordinary long-term advantages of homeownership.