Real estates have always taken the center of our interest. Be it just for your interest or for your plan of owning a property, these facts will definitely interest you.
- Millennials hold 33% position as home buyers. They are expected to take on more mortgages than any other demographic by the year 2020.
- Real estate is the low barrier to entry into the housing market. As opposed to popular belief, you don’t need to invest big to start making money with real estate.
- Real estates can earn you market appreciation over 5%. And, the appreciation will send your net worth soaring. As the process only excels, you can expect your net worth to grow as well.
- Investing in real estate is the best way to fight inflation. While the value of other assets tends to diminish during this period, real estate shows up a rise.
- Real estate shows up tax benefits. It is because the income generated through real estate investment is not subject to FICA. And, there are other benefits on lower capital gains, refinancing, depreciation, etc.
- The market of real estate will be growing. It is because all the indicators used to note market growth are rising high.
- You are always able to sell a real estate property because the demand for owning a real estate never goes out.
- It is a stress-free investment. Real estate is among the most stable markets, which isn’t usually affected by the market dips.
- No other investment can offer you as much control as the real estate can do.
Bonus Facts:
- Home values have risen 7.2 % from 2018.
- Stock market investment has fallen 50% since 2007 because Gen X’s interest is investing in Real estate.
- 32% of the property owners rent their homes.
- By the year 2025, millennials are expected to grow more than 20M new households.
- For 78% home buyers, the neighborhood is more on the focus than home sizes.
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More hedge funds are buying real estate now then ever before! – Jacob Michal, Louisville Cash Real Estate: We Buy Real Estate In Louisville KY
The real estate market has become the future goal of the current generation and this is not more than a decade long. There are many more facts one needs to know before making an investment. So thorough knowledge is important.
If you are planning to buy a property, do research on the facts more densely. And you can definitely consult Papachristou real estate brokers for all help and guidance in this regard.
