Know How to Build Your Wealth?

With home ownership! Gallup recently released results from their April Economy and Personal Finances poll that asked Americans to choose the best option for long-term investments. Given the choices of real estate, stocks & mutual funds, gold, savings accounts & CDs, or bonds, Americans today think real estate is the best option for long-term investments, ranking it ahead of gold and stocks. As housing prices continue to improve, I believe more and more Americans will consider real estate to be their best course of action for long-term investment.

This belief that home ownership builds wealth is also backed by a study published in 2012 by the Federal Reserve (Federal Reserve Bulletin June 2012 Vol. 98 No. 2) that revealed a homeowner’s net worth is 30 times greater than that of a renter. The average homeowner had a net worth of $174,500 while the average net worth of a renter was $5100. It is a great time to be building wealth by buying a home now so you can take advantage of the low interest rates and spring inventory. Give me a call and put my 20 years of real estate experience to work for you! 603-526-4116; www.donnaforest.com; donna@donnaforest.com.

Known for service, trusted for results – Coldwell Banker Milestone Real Estate.

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