Your savings may disappear when interest rates go up.
Increasing costs of lumber and other materials are driving up the price of both new homes and resales.
Inflation drives up home prices. The home you want today will be more expensive tomorrow.
Increasing environmental and local government restraints on development are driving up the price of land.
When you buy a home, you invest a small amount of cash to control a much larger investment. This is called “financial leverage.” Financial leverage is what enables average families to realize large gains.
Home ownership is tax advantaged. Actual costs of borrowing are low.
Savings and profits from home ownership can be used to fund retirement, college expenses and other future plans.
Home ownership is within the reach of anyone with steady employment and an acceptable credit rating.