Real Estate Mogul: Here’s Why You Should Buy
![20170426-Share-STM[1]](https://brookhampton.com/wp-content/uploads/blog-post-images/20170426-Share-STM1.jpg)
Real Estate mogul, Sean Conlon, host of The Deed: Chicago on CNBC, was recently asked the question, should you buy? Or should you rent a house?
Conlon responded:
“I am a true believer that you save every penny and you buy your first house… and that is still the fastest path to wealth in this country.”
Conlon went on to suggest that first-time buyers put down 10-20% “if they can make it work,” and to remain in their home at least 4-5 years to see a return on their investment.
Who is Sean Conlon, and why should you listen to his advice?
Within a few years of working in the real estate industry, Conlon had established himself as one of the leading agents in the United States and has founded 3 billion-dollar brokerages dealing in residential, commercial and investment sales. Since immigrating to America from the United Kingdom in 1990, he believes very strongly in the American Dream and the role that homeownership plays in achieving it. Conlon is quoted on his website as saying:
“I treat people the way I would like to be treated if I went in to buy a house and I work harder than anybody I know. I think if you do that in America, you will always succeed.”
Bottom Line
Homeownership is an investment you can leverage against in the future that not only provides shelter and safety but also helps you build your family’s wealth. If you are debating whether or not to purchase a home this year, let’s get together to discuss the opportunities available in today’s market!
Keeping Current Matters
Is the Housing Market Starting To Balance Out?
While it’s still a seller’s market in many places, buyers in certain locations have more leverage than they’ve had in years.
Do You Know How Much Your Home Is Worth?
The only way to get an accurate look at what your house is really worth is to talk to a local real estate agent.
Buying a Home May Help Shield You from Inflation
A fixed-rate mortgage protects your budget, and home price appreciation grows your net worth.
Home Price Growth Is Moderating – Here’s Why That’s Good for You
It’s crucial to understand what’s happening in your local market and a local real estate agent can really help.
Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up
If you’re debating whether to buy now or wait, remember: real estate rewards those in the market, not those who try to time it perfectly.
Are Investors Actually Buying Up All the Homes?
The idea that Wall Street investors are buying up all the homes and making it impossible for you to compete is a myth
Are You Asking Yourself These Questions About Selling Your House?
The market isn’t at a standstill. Every day, thousands of people buy, and they’re looking for homes like yours.
Is a Newly Built Home Right for You? The Pros and Cons
An agent can walk you through the pros and cons of considering a newly built home and help you decide if it makes sense for you.
How To Buy a Home Without Waiting for Lower Rates
Even if mortgage rates don’t drop substantially, there are still ways to make buying a home more affordable.
A Record Percent of Buyers Are Planning To Move in 2025 – Are You?
Find the right agent to make sure your house is prepped, priced, and marketed well, so you can get ahead of the competition!