Article by: Simplifying the Market™Originally Published: September 26, 2019, 10:00 amWhen people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable. In a recent survey, Bank of America asked homeowners: […]
One of the Top Reasons to Own a Home
Article by: Simplifying the Market™Originally Published: September 19, 2019, 10:00 amOne of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on the […]
A Great Way to Increase Your Family’s Net Worth
Article by: Simplifying the Market™Originally Published: August 19, 2019, 10:00 amEvery three years, the Federal Reserve conducts its Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At […]
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