{"id":159,"date":"2018-04-18T04:48:04","date_gmt":"2018-04-18T04:48:04","guid":{"rendered":"http:\/\/renwre.info\/2018\/04\/18\/rising-prices-help-you-build-your-familys-wealth\/"},"modified":"2018-04-18T04:48:04","modified_gmt":"2018-04-18T04:48:04","slug":"rising-prices-help-you-build-your-familys-wealth","status":"publish","type":"post","link":"http:\/\/renwre.info\/?p=159","title":{"rendered":"Rising Prices Help You Build Your Family\u2019s Wealth"},"content":{"rendered":"
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\"Rising<\/p>\n

Over the next five years, home prices are\u00a0expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to\u00a0Pulsenomics\u2019<\/em>\u00a0most recent\u00a0Home Price Expectation Survey.<\/em><\/a><\/span><\/p>\n

So, what does this mean for homeowners and their equity position?<\/strong><\/h4>\n

As an example, let\u2019s assume a young couple purchased and closed on a $250,000 home this January. If we only look at the projected increase in the price of that home, how much equity will they earn over the next 5 years?<\/p>\n

\"Rising<\/a><\/p>\n

Since the experts predict that home prices will increase by 5.0% in 2018, the young homeowners will have gained $12,500 in equity in just one year.<\/p>\n

Over a five-year period, their equity will increase by over $48,000!<\/strong>\u00a0This figure does not even take into account their monthly principal mortgage payments. In many cases, home equity is one of the largest portions of a family\u2019s overall net worth.<\/p>\n

Bottom Line<\/strong><\/h3>\n

Not only is homeownership something to be proud of, but it also offers you and your family the ability to build equity you can borrow against in the future. If you are ready and willing to buy, find out if you are able to today!<\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

Over the next five years, home prices are\u00a0expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to\u00a0Pulsenomics\u2019\u00a0most recent\u00a0Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As Continue reading Rising Prices Help You Build Your Family\u2019s Wealth<\/span>→<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts\/159"}],"collection":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=159"}],"version-history":[{"count":0,"href":"http:\/\/renwre.info\/index.php?rest_route=\/wp\/v2\/posts\/159\/revisions"}],"wp:attachment":[{"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=159"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/renwre.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}