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Over
the past 30 years, home values have risen more than 6% annually.
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On
average, the value of a home nearly doubles every 10 years.
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The
average homeowner's net worth is $171,000 -- nearly 46 times that of
a renter!
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Colorado is the
fifth-fastest growing state in the nation & a top region for
business growth
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Thinking about buying a
home in Denver area? Call Anthony Rael - Metro Brokers at
(303) 520-3179 to learn more about the benefits of owning a home.
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Interest rates are at
historic lows & inventory is high - Now is a great time to buy a
home!
That's right...over the past 30 years,
the median price of existing homes has increased an average of more
than 6 percent every year, and home values nearly double every 10
years, according to historical data from NAR's existing-home sales
series. What's more, a Federal Reserve study has shown that the
average home owner's net worth is 46 times the net worth of the
average renter.
Despite this and other research, some
potential homebuyers are being kept on the sidelines as they react
to national media reports about the housing market. "Nobody buys a
home in the national real estate market," says NAR President Dick
Gaylord, a broker with RE/MAX Real Estate Specialists in Long Beach,
Calif. All real estate
markets are local. ... It's
also advisable to look beyond the immediate horizon - real estate has proven itself
to be a good long-term investment and a safe, secure way to build
long-term wealth. Give Them the Facts According to NAR's most
recent forecast, existing-home sales are likely to total 5.66
million in 2007, the fifth highest on record, rising to 5.7 million
in 2008 and 5.91 million in 2009. Existing-home prices are likely to
be down 1.9 percent to a median of $217,600 for all of 2007 which is
good news for buyers; prices are expected to hold steady in 2008,
and then rise 3.1 percent in 2009 to $224,400.
The campaign includes a new Web site,
www.HousingMarketFacts.com, which provides more information
about the benefits and value of owning a home, identifies current
public policy issues of importance to consumers in the real estate
transaction, and allows visitors to link directly to
www.REALTOR.com
to find a REALTOR®. The ads are part of NAR's Public Awareness
Campaign.
In a nutshell,
there are Six Benefits of Owning a
Home
1. Tax deductions
2. Appreciation
3. Equity
4. Borrowing Power
5. Stability
6. Freedom
In the market for a home?
Look no further - Metro Brokers recently launched one of the
most comprehensive home search websites available! Use my new
MLS/IDX-powered website to
search tens of thousands
Colorado and Denver metropolitan area real estate listings
including single family homes, condos, townhomes, lofts, land, short-sale,
foreclosed, bank-owned, HUD and investment properties.
Locate Denver area homes & properties for sale by type, price range, subdivision, city,
zip code, bedrooms,
baths and more! Registration is not required to enjoy the
site, however you can opt to signup to save your favorite property
listings, get home values or have daily e-mail alerts for new property
listings sent to you - you're in control.
Using the new & improved Metro Brokers home search website, you
can
search tens of thousands of Colorado & Denver Metropolitan area
MLS/IDX property listings.
If you would like to sit
down for coffee and discuss the Denver Real Estate market, just call me
anytime at 303-520-3179.
Anthony Rael, Metro
Brokers Arvada-Northwest offers professional & trustworthy real estate
services to buyers &
sellers throughout the
Denver metro area including
Arvada,
Brighton,
Broomfield,
Denver,
Golden,
Highland/Sloan's Lake,
Highlands Ranch,
Lakewood, Lakewood, Littleton,
Louisville,
Longmont,
Thornton,
Westminster,
Wheat Ridge, Adams
County,
Denver County &
Jefferson County.
Leverage my life-long
knowledge of the Denver Metro area - from homes, condos, lofts or
investment properties, new homes builders, schools & local amenities to
reliable & trustworthy business partners like mortgage brokers & home
contractors to
maximize
your investment, secure your future and realize the home of your dreams.
