The housing recovery spike in the last quarter of 2012 has carried over into 2013, and there’s no better time to invest for the future than by becoming a homeowner. With the strong growth in home sales and still-affordable fixed-rate mortgages, the housing market recovery has made owning a home easier than ever.
To help people looking to buy a home in today’s market, Shorewest, REALTORS® is having a company-wide Open House Extravaganza this Saturday and Sunday, March 16 and 17. At each home, Shorewest sales associates are ready to answer questions about the local housing market and the home buying and selling process.
“Owning a home creates a sense of freedom and accomplishment,” said Joseph A. Horning, President of Shorewest, Realtors®. “It also provides family stability and encourages community involvement.”
Homeownership also provides both equity accumulation and tax benefits. Home equity, the value of a property minus what is owed on the property accrues gradually as a property increases in value over time. Homeowners can leverage equity to establish lines of credit, which can be used to make repairs or upgrades to their homes.