Buying Sooner Could Build You More Wealth by 50
Still deciding whether to buy your first home now or wait? Here’s something you’ll want to consider.
Buyers who get into their first home around age 30 build about $119,000 more in net worth by age 50 compared to those who wait until their 40s.
So, every year you spend saving for the "right" moment could quietly chip away at your future wealth.
That doesn’t mean buy before you’re ready. But it does mean, if you’re ready and able to buy now, it may be a better strategy than waiting.
DM me and let's map out what timeline fits your situation and our market. You might find that a head start matters more than waiting to save the "perfect" down payment.
#FirstTimeHomebuyer #HomebuyingTips #KeepingCurrentMatters
Categories
Recent Posts
Rates Aren’t Expected To Drop Dramatically Chart
Thinking About Waiting for Lower Mortgage Rates? Read This First
Big Investors Are Backing Off and That’s Your Opening
Don’t Try To Time the Market
Here’s Where To Start if You’re Selling and Buying at the Same Time
Home Insurance Costs Are Rising
Buying a Home? Here's What You Should Know About Home Insurance Costs.
Home Price Growth Slowed Down. That May Be Changing.
About 8 Homes Sell Every Minute
Selling a Luxury House? Here’s Why Now Is a Good Time
