{"id":2287,"date":"2017-10-16T11:46:19","date_gmt":"2017-10-16T18:46:19","guid":{"rendered":"http:\/\/skyrisere.com\/listings\/?p=2287"},"modified":"2017-10-16T11:48:22","modified_gmt":"2017-10-16T18:48:22","slug":"why-you-should-buy-2","status":"publish","type":"post","link":"https:\/\/skyrisere.com\/listings\/2017\/10\/16\/why-you-should-buy-2\/","title":{"rendered":"Why You Should Buy"},"content":{"rendered":"
\n
\n

Why You Should Buy<\/h1>\n

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

Every three years, the Federal Reserve<\/i> conducts their Survey of Consumer Finances<\/a> in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago.<\/p>\n

The study revealed that the 2016 median net worth of homeowners was $231,400 \u2013a 15% increase<\/b> since 2013. At the same time, the median net worth of renters decreased by 5%<\/b> ($5,200 today compared to $5,500 in 2013).<\/p>\n

These numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter.<\/i><\/p>\n

Owning a home is a great way to build family wealth<\/b><\/p>\n

As we\u2019ve said before, simply put, homeownership is a form of \u2018forced savings<\/i>.\u2019 Every time you pay your mortgage, you are contributing to your net worth by increasing the equity in your home.<\/p>\n

That is why, for the fourth year in a row, Gallup<\/i> reported<\/a> that Americans picked real estate as the best long-term investment. This year\u2019s results showed that 34% of Americans chose real estate, followed by stocks at 26% and then gold, savings accounts\/CDs, or bonds.<\/p>\n

Greater equity in your home gives you options<\/b><\/p>\n

If you want to find out how you can use the increased equity in your home to move to a home that better fits your current lifestyle, meet with Skyrise Real Estate Group today!<\/p>\n

 <\/div>\n

Contact Us<\/a><\/p>\n

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

BRE: 02030533<\/p>\n<\/div>\n<\/div>\n ","protected":false},"excerpt":{"rendered":"

Why You Should Buy Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago. 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