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[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Buying a home in America today is anything buy easy.  There is a ton of misinformation out there on the home buying process. Can someone say “Fake News”?  Let’s take a look at the status of home buying in America, its profitability, ease of access and more.

 Explore News on Buying a Home

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    Buying a Home in America

    Although buying a home in America is not as easy as most people point it out to be, that doesn’t mean that its not a great idea and a solid long term strategy for acquiring wealth for you and your family.

    Lets face it, there are more millionaires made in real estate in America that in any other business field.  That even takes in technology.  Although the news may reference technology start ups that go public and talk about the twenty-something that started the business in his mother garage but is now worth 40 million dollars – those are unicorns.  What we mean by unicorns are for every one of those fancy tech companies that “go viral” there are thousands that fail and go broke.

    Not the Case with Buying Real Estate

    It has been proven over and over again that homeowners have more wealth than renters.  In addition to simply having more wealth, Americans that invest in real estate (whether it be your personal home or a true investment) tend to be successful.  That is not to say that everyone that attempts to purchase an investment property and flip it (like on TV) walks away with $45,000 – but it is safe to say that there is a much higher percentage of success and profitability when buying real estate in America than any other investment strategy.

    Real Estate – More Solid an Investment than Stocks or Bonds

    Although the stock market has recently been at record highs, even the heaviest of millionaires that are currently invested in the stock market have MORE money tied up in real estate.  The earnings that many of these savvy investors pull out of the market (when it retreats) generally goes into the purchase of residential or commercial real estate.

    Real estate has consistently beat the real estate market for consistent and overall growth for the last 30 years.  What that means is if you put $50,000 in the market 40 years ago – and your neighbor invested $40,000 in the purchase of a home, your neighbors home would be worth more (less their initial investment) than you would have made in the stock market.

    Real Estate Values in America

    Lets look closely at the above example of the initial $40,000 investment.  40 years ago would have been in the area of the 1970s.  In the 1970s the median price of a home in America (according to the US Census) was about $40,000.  Yep, you could have purchased a home outright for a cool 40K.  What do you think you could sell that home for today?

    In the year 2011 (once again looking at the US Census) the Average Home Value was a little over $240,000.  WOW  — that’s making over $200,000 doing nothing more than letting your money sit in a single family piece of property. We are not even going to count the fact that if you would have used a mortgage to purchase that home, that the interest paid on that mortgage would have been tax deductible.  We are also not factoring in the other deductions made when you own a home – which are many.

    Don’t Real Estate Values Fluctuate?

    Of course they do.  Different real estate markets across the country have varying degrees on value fluctuations.  But doesn’t stocks and bonds fluctuate on a daily basis?  Truth is, if you make the investment and stay in it, you would have seen overall consistent growth.  There are simply very little investments in America that have zero fluctuations in the yield they provide.  Generally speaking, the more secure the investment (lets take US Treasure Bonds for example) – the lower the yield.  Real estate, for the yield it provides, is the safest investment you can make in America today.

    Real Estate – How Easy is it to Buy a Home?

    Once again, this needs to be brought into proper perspective.  Buying a home in today’s real estate market is not easy. If your credit is less than par, it may be downright hard.  But lets put this into perspective…How challenging is it to get into the stock market with over $200,000 of funds to invest?  How long will it take you to become proficient?  How challenging is it to master the tools of the trade and review stock market trends?

    It is important to remember that how challenging it is to invest in real estate, or simply become a homeowner in America, is relatively easy when compared to other means of dealing with large sums of money.  For the most part, the purchase of a home is within MOST Americans grasp.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

    Below details the trend of people searching Homes for Sale in Google

    [/vc_column_text][ultimate_google_trends gtrend_query=”homes for sale” location_by=”US” graph_type=”TIMESERIES_GRAPH_AVERAGES_CHART”][/vc_column][/vc_row]