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Building Your Family’s Wealth Over the Next 5 Years#RealEstate #OrlandoRealEstate #FLRealEstate #FredaRealty #teamFREDA

Tuesday, December 13, 2016   /   by Matthew Freda

Building Your Family’s Wealth Over the Next 5 Years#RealEstate #OrlandoRealEstate #FLRealEstate #FredaRealty #teamFREDA


Building Your Family’s Wealth Over the Next 5 Years | Simplifying The Market


Building Your Family’s Wealth Over the Next 5 Years






Over the next five years, home prices are expected to appreciate 3.24% per year on average and to grow by 21.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.


So, what does this mean for homeowners and their equity position?


As an example, let’s assume a young couple purchases and closes on a $250,000 home in January. If we look at only the projected increase in the price of that home, how much equity will they earn over the next 5 years?


Building Your Family’s Wealth Over the Next 5 Years | Simplifying The Market


Since the experts predict that home prices will increase by 4.0% this year alone, the young homeowners will have gained over $10,000 in equity in just one year.


Over a five-year period, their equity will increase by over $43,000! This figure does not even take into account their monthly principal mortgage payments. In many cases, home equity is one of the largest portions of a family’s overall net worth.


Bottom Line




Not only is homeownership something to be proud of, but it also offers you and your family the ability to build equity you can borrow against in the future. If you are ready and willing to buy, let’s get together to find out if you are able to, today!



eXp Realty, LLC
Matthew Freda
651 W Warren Ave
Longwood, FL
407-513-4724

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