Real Estate Can Build Family Wealth
As the economy continues to improve, many Americans are seeing their personal financial situations improve as well. Instead of just getting by, many people are now able to start saving and are looking for other ways to build their net worth. One way to dramatically increase net worth, and thus their family’s wealth, is through the acquisition of real estate.
For example, let’s assume a young couple purchases and closes on a $250,000 home in January. What will that home be worth five years down the road?
Based on a survey of 100+ economists, real estate experts and investment/market strategists, Pulsenomics has put together the following projections for how much value (or equity appreciation) a $250,000 house will gain in the next 5 years.
Real Estate Bottom Line
If you are looking to improve your family’s long-term financial situation, investing in real estate might be a great option. Let’s talk.