Real Estate Mogul: Here’s Why You Should Buy
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
Why Today’s Housing Supply Is a Sweet Spot for Sellers
The number of homes for sale and new listing activity continues to improve compared to last year.
The Truth About Down Payments
Unless specified by your loan type or lender, it’s typically not required to put 20% down. That means you could be closer to your homebuying dream than you realize.
Expert Home Price Forecasts for 2024 Revised Up
Now that rates have come down from their peak, and with further declines expected this year, buyer demand has picked up.
Strategic Tips for Buying Your First Home
If you’re ready, willing, and able to buy your first home, here are some tips to help you turn your dream into a reality.
It’s Time To Prepare Your House for a Spring Listing
With the market gearing up for its busiest time of year, it’s important to make sure your house shines bright among the competition.
Bridging the Gaps on the Road to Homeownership
Homeownership is an important part of building household wealth that can be passed down to future generations.
Houses Are Still Selling Fast
Homes are selling faster than the norm for this time of year – and your house may sell quickly too. Are you thinking about selling your house? Give us a call!
Why Having Your Own Agent Matters When Buying a New Construction Home
Having a trusted agent on your side can make a big difference when it comes to buying a newly constructed home!
Don’t Wait Until Spring To Sell Your House
While spring is usually the peak homebuying season, you don’t actually need to wait until spring to sell.
2 of the Factors That Impact Mortgage Rates
If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Ever wonder why they change?