February 22nd, 2020

The Overlooked Financial Advantages of Homeownership

The Overlooked Financial Advantages of Homeownership There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial advantages of homeownership and how preparing for them now can steer you in the direction of greater stability, savings, and predictability. 1. You Won’t Always Have a Monthly Housing Payment According to a recent article by the National Association of Realtors (NAR): “If you’ve been a lifelong renter, this may sound…