Buying a Grayslake Home in 2016

Buying a Grayslake Home in 2016

A survey by The Joint Center of Housing Studies at Harvard University reveals that when a family is buying a home they consider the financial benefits of homeownership along with the social benefits.

The survey mentions things like:

  • Paying rent does not make sense
  • Homeownership provides a good financial opportunity
  • Owning a home helps you building family wealth
  • Buying a home is investing in your retirement
  • Home equity gives you something to borrow against

So how did homeownership match up against other investments in 2015?

Here is a chart that compares its return on investment against precious metals and the stock market last year:

Not only does homeownership offer all its social benefits -  owning a home also is a great investment financially.

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Jim Starwalt

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Jim Starwalt, Broker Owner
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Phone: 847-548-2625

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Buying a Grayslake Home in 2016