84% of Americans believe buying a home is a good financial decision

Posted by Andreas Holder on Thursday, July 20th, 2017 at 11:01am.

According to a recent survey of the National Association of Realtors, 84% of Americans think that purchasing a home is a good financial decision. This is the highest percentage since 2007, which was before the housing crisis. There are five major reasons why people believe it is a good decision: 

1. Build equity, rather than paying rent

2. The opportunity to own a home free of a mortgage by retirement age

3. An investment that builds long-term wealth and increases net worth

4. Stable and predictable monthly mortgage payments

5. Mortgage payments allow for several tax deductions

To find out more about the benefits of purchasing a home this year, Ask Andreas for a free consultation!

Andreas Holder, Chicago Real Estate AgentAre you thinking about buying a home this year in Chicago? Andreas Holder can help! Let him be your guide to the downtown Chicago real estate market and help you find a home that not only matches your needs, but your lifestyle too.
Learn more about Andreas or start your home search now.

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