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Owning a Home Has Distinct Financial Benefits Over Renting

Paul Tosello

Paul has been in Real Estate for 32 years, working as a Realtor, but in addition he owned a real estate consulting and coaching company.  He has ...

Paul has been in Real Estate for 32 years, working as a Realtor, but in addition he owned a real estate consulting and coaching company.  He has ...

Jul 15 2 minutes read

Courtesy of Keeping Current Matters

When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.

On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation.

If you’re feeling the challenges of a competitive market, remember that homeownership is a long-term game. Persevering today will lead to financial rewards in the future.

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CLIENT SUCCESS STORY
Meet John & Lynn

"We were busting at the seams!  The house we were living in was our starter house.  It was great when it was just Lynn and I, but when our two kids came along we quickly realized we needed more space!"

John & Lynn had some hurdles to jump - figure out how to sell their house & buy a new construction home at the same time. They also did all of this during the COVID-19 pandemic!

Read John & Lynn's full story

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