[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fj604xaki3945":3,"$ffeh0925h8cuz":51,"$f2emv3tus0uf1":55,"$fbwk2pqjjqsc7":59},{"item":4,"previous":39,"next":45},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":37,"updatedAt":38},1304,"want-to-increase-your-familys-wealth-heres-how","Want To Increase Your Family’s Wealth? Here’s How!","Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – \u003Cem>either yours or your landlord’s.\u003C\u002Fem> Buying your own home provides you with a form of \u003Cem>‘forced savings’\u003C\u002Fem> that allows you to use your monthly housing costs to increase your family’s wealth.\r\n\r\n","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F14105828\u002F20190318-Share-KCM.jpg","Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – \u003Cem>either yours or your landlord’s.\u003C\u002Fem> Buying your own home provides you with a form of \u003Cem>‘forced savings’\u003C\u002Fem> that allows you to use your monthly housing costs to increase your family’s wealth.\r\n\r\n\u003C!--more-->Every month that you pay your mortgage, you are paying off a portion of the debt that you took on to purchase your home. Therefore, you own a little bit more of your home every month in the form of \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2018\u002F09\u002F19\u002F25-of-homes-with-a-mortgage-are-now-equity-rich\u002F\">home equity\u003C\u002Fa>. \u003Cstrong>As your home’s value increases, you \u003Cem>also\u003C\u002Fem> gain home equity.\u003C\u002Fstrong>\r\n\r\nEvery quarter, \u003Cem>Pulsenomics\u003C\u002Fem> surveys a nationwide panel of over 100 economists, real estate experts, and investment and market strategists. They are asked to project how residential home prices will appreciate over the next five years for their \u003Ca href=\"https:\u002F\u002Fpulsenomics.com\u002Fsurveys\u002F#home-price-expectations\">\u003Cem>Home Price Expectation Survey \u003C\u002Fem>(HPES).\u003C\u002Fa>\r\n\r\nThe latest data from their \u003Cem>Q1 2019 Survey\u003C\u002Fem> revealed that home prices are expected to round out the year 4.3% higher than they were in January. For the next 5 years, home values will appreciate by an average of 3.21% a year.\r\n\u003Ch4>\u003Cstrong>This is great news for homeowners!\u003C\u002Fstrong>\u003C\u002Fh4>\r\nFor example, let’s assume a young couple purchased and closed on a $250,000 home in January of this year. Simply through their home appreciating in value, those homeowners can build their home equity by over $40,000 over the next five years.\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F20190318-ENG-MEM1.jpeg\">\u003Cimg class=\"alignnone wp-image-39238\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F20190318-ENG-MEM1.jpeg\" alt=\"Want To Increase Your Family’s Wealth? Here’s How! | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch4>\u003Cstrong>Let’s look at the potential equity gained over the same period of time at some higher price points:\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F20190318-ENG-MEM2.jpeg\">\u003Cimg class=\"alignnone wp-image-39239\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F20190318-ENG-MEM2.jpeg\" alt=\"Want To Increase Your Family’s Wealth? Here’s How! | Simplifying The Market\" width=\"650\" height=\"249\" \u002F>\u003C\u002Fa>\r\n\r\nIn many cases, home equity is a large portion of a family’s overall net worth.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nWhether it’s your first or your fifth, if your plan for this year includes buying a home, let’s get together to help you understand where prices are headed in our area.","\r\nWhether it’s your first or your fifth, if your plan for this year includes buying a home, let’s get together to help you understand where prices are headed in our area.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F20190318-ENG-MEM1.jpeg",false,[17,21,25,29,33],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers",{"id":26,"name":27,"slug":28},9,"Home Prices","home-prices",{"id":30,"name":31,"slug":32},11,"First-Time Buyers","first-time-buyers",{"id":34,"name":35,"slug":36},38,"Move-Up","move-up","2019-03-18T10:00:13Z","2019-03-15T15:40:28Z",{"id":40,"slug":41,"title":42,"featuredImage":43,"publishedAt":44,"contentType":10,"isVideo":15},1303,"dont-let-your-luck-run-out-buy-a-home-this-spring-infographic","Don’t Let Your Luck Run Out! Buy A Home This Spring [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F13105803\u002F20190315-Share-MEM.jpg","2019-03-15T10:00:21Z",{"id":46,"slug":47,"title":48,"featuredImage":49,"publishedAt":50,"contentType":10,"isVideo":15},1305,"what-credit-score-do-you-need-to-buy-a-house","What Credit Score Do You Need To Buy A House?","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F14115009\u002F20190319-Share-KCM.jpg","2019-03-19T10:00:30Z",{"cover":52,"open":53,"shareSpread":54},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":56,"open":57,"shareSpread":58},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[60,64,65,66,70,74,75,76,80,84,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153,157,161],{"id":61,"name":62,"slug":63},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":67,"name":68,"slug":69},7,"Foreclosures","foreclosures",{"id":71,"name":72,"slug":73},8,"Infographics","infographics",{"id":26,"name":27,"slug":28},{"id":30,"name":31,"slug":32},{"id":77,"name":78,"slug":79},34,"Senior Market","senior-market",{"id":81,"name":82,"slug":83},35,"Mortgage Rates","mortgage-rates",{"id":34,"name":35,"slug":36},{"id":86,"name":87,"slug":88},41,"For Sale by Owner","for-sale-by-owner",{"id":90,"name":91,"slug":92},42,"Featured","featured",{"id":94,"name":95,"slug":96},45,"New Construction","new-construction",{"id":98,"name":99,"slug":100},52,"Luxury \u002F Vacation","luxury--vacation",{"id":102,"name":103,"slug":104},53,"Rent vs. Buy","rent-vs-buy",{"id":106,"name":107,"slug":108},80,"Time-sensitive","time-sensitive",{"id":110,"name":111,"slug":112},81,"Outdated","outdated",{"id":114,"name":115,"slug":116},147,"Internal","internal",{"id":118,"name":119,"slug":120},148,"Do Not Autopost","do-not-autopost",{"id":122,"name":123,"slug":124},320,"Inventory","inventory",{"id":126,"name":127,"slug":128},321,"Agent Value","agent-value",{"id":130,"name":131,"slug":132},322,"Affordability","affordability",{"id":134,"name":135,"slug":136},323,"Buying Tips","buying-tips",{"id":138,"name":139,"slug":140},324,"Downsize","downsize",{"id":142,"name":143,"slug":144},325,"Economy","economy",{"id":146,"name":147,"slug":148},326,"Equity","equity",{"id":150,"name":151,"slug":152},327,"Forecasts","forecasts",{"id":154,"name":155,"slug":156},328,"Selling Tips","selling-tips",{"id":158,"name":159,"slug":160},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":162,"name":163,"slug":164},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]