7 Reasons to Own A Home

FOR IMMEDIATE RELEASE
Contact:Robert Shirvanian
Broker Of Record
EXIT Realty East Coast
732-946-2000
Marketing@ExitRealtyEC.com

7 Reasons to Own A Home

What To Know In 2019

Holmdel, New Jersey (Grassroots Newswire) August 28th, 2019 --

1.  Tax Benefits.

The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes and some of the costs involved in buying a home.

2.  Appreciation.

Historically, real estate has had a long-term, stable growth in value. In fact, median single-family existing home-sale prices have increased on average 5.2 percent each year from 1972 through 2014, according to the National Association of REALTORS^®. The recent housing crisis has caused some to question the long-term value of real estate, but even in the most recent 10 years, which included quite a few very bad years for housing, values are still up 7.0 percent on a cumulative basis. In addition, the number of U.S. households is expected to rise 10 to 15 percent over the next decade, creating continued high demand for housing.

3.  Equity.

Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.

Savings.

Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.

5.  Predictability.

Unlike rent, your fixed-rate mortgage payments don’t rise over the years so your housing costs may actually decline, as you own the home longer. However, keep in mind that property taxes and insurance costs will likely increase.

6.  Freedom.

The home is yours. You can decorate any way you want and choose the types of upgrades and new amenities that appeal to your lifestyle.

7.  Stability.

Remaining in one neighborhood for several years allows you and your family time to build long-lasting relationships within the community. It also offers children the benefit of educational and social continuity.

For more information about EXIT Realty East Coast, please call 732-946-2000. EXIT Realty East Coast is located at 57 Main Street, Holmdel, NJ.

About EXIT Realty:
EXIT is a proven real estate business model that has to-date paid out more than a third of a billion dollars in single-level residual income to its associates across the U.S. and Canada. EXIT Realty’s Expert Marketing Suite™ including geolocation Smart Sign™ technology gives home sellers the edge in a competitive marketplace. The company’s Focus on Good Health blog promotes wellness at work and home. A portion of every transaction fee received by EXIT Realty Corp. International is applied to its charitable fund and to-date, $5.5 million has been pledged to charity.  For more information, please visit www.exitrealty.com.
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