Now is a great time to buy your dream home! The expression "Buy low, Sell high" was never so timely as today! Conditions are ideal for buyers with prices moderating, interest rates so low we may never see them at this level again in our lifetime, and a healthy supply of homes available. If you're a buyer, this market is for you. If you're a seller, be patient and price your home accordingly. Experts agree that homes that are priced right from the beginning sell faster & for more money.

The long-term value of housing as an investment is compounded by the power of leveraging. According to the National Association of Realtors research, a downpayment of $10,000 on a median-price U.S. home at a typical home price appreciation of 5 percent will return approximately $110,000 after 10 years. The same $10,000 invested in the stock market appreciating at 10 percent annually will return $23,600. This helps explain why, according to the Federal Reserve Board, the average renters net worth is $4,800. The average homeowners net worth is $171,000.

There are grant programs for first time buyers through the State of Illinois and also the City of Kankakee. It does pay to be a homeowner! Those investing in a home now and keeping it for the average holding period of 7 - 8 years will likely see their investment pay off significantly. At the same time, they will enjoy all of the non-tangible benefits of homeownership, such as tax benefits and making the improvements to your home you want to make!

Another way to build your wealth right now is to buy a second home or rental property. Todays lower prices, coupled with the low interest rates, if you hold onto the home for the long term it will be a great supplement to your retirement plan, as well as diversifying your retirement holdings. Call me to help you conservatively build your wealth today!