March 7th, 2022 12:08 PM by Shawn Smith NMLS#863501
How long do you plan to stay in your home? And how might your home’s value change in that time?
There’s no guarantee prices will increase, but even with the market’s ups and downs, values tend to rise over time. Here is a quick interactive graph to show you how even small changes can build on each other as the years pass.
I encourage you to play around and see what happens even if growth rates slow from the 5% long-term average some years. I think you’ll see why homeownership is considered one of the best wealth-building tools around.
Thank you for allowing me to share information on home financing. If I can answer questions or help in any way, please let me know.
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