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
Buyer Bright Spot: There Are More Homes on the Market
The number of homes for sale has grown a whole lot lately and that’s true for both existing and newly built homes.
How Home Equity Can Help Fuel Your Retirement
Your agent will help you understand how much equity to have and how you can use it and help you navigate the entire process.
Why More People Are Buying Multi-Generational Homes Today
According to the latest data from NAR, cost savings are the main reason more people are choosing to live with family today.
The Truth About Credit Scores and Buying a Home
You don’t need perfect credit to buy a home, but your score can have an impact on your loan options and the terms you’re able to get.
The Real Benefits of Buying a Home This Year
Let’s break down why homeownership is worth considering in 2025 and beyond, and how it can help set you up for the future.
3 Reasons To Buy a Home Before Spring
What if buying now — before the spring rush — might actually give you the upper hand? You’ll have less competition, more negotiating power and be able to lock in today’s prices before they rise.
When Is the Perfect Time To Move?
No matter when you buy, there’s always some benefit and some sort of trade-off – and that’s not a bad thing.
That’s just the reality of it.
The Secret To Selling? Using an Agent To Get Your House Noticed
The way your agent markets your house can be the difference between whether or not it stands out and gets attention from buyers.
If Your House’s Price Is Not Compelling, It’s Not Selling
Work with a local real estate agent who’s going to be honest with you about how you should price your house.
One Homebuying Step You Don’t Want To Skip: Pre-Approval
A preapproval means you’ve cleared the hurdles necessary to be approved for a mortgage up to a certain dollar amount.