[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1gpnn7xyg01uk":3,"$ffeh0925h8cuz":47,"$fbwk2pqjjqsc7":51},{"item":4,"previous":35,"next":41},{"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":33,"updatedAt":34},4435,"homeownership-is-an-investment-in-your-future","Homeownership Is an Investment in Your Future","There are many people thinking about buying a home, but with everything affecting the \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F10\u002F19\u002Fshould-you-still-buy-a-home-with-the-latest-news-about-inflation\u002F\">economy\u003C\u002Fa>, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the \u003Cem>Mortgage Bankers Association\u003C\u002Fem> (MBA), \u003Ca href=\"https:\u002F\u002Fedition.cnn.com\u002F2022\u002F11\u002F10\u002Fhomes\u002Fmortgage-rates-november-10\u002F\">explains\u003C\u002Fa>:","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F07164139\u002Fhomeownership-is-an-investment-in-your-future-KCM.jpg","There are many people thinking about buying a home, but with everything affecting the \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F10\u002F19\u002Fshould-you-still-buy-a-home-with-the-latest-news-about-inflation\u002F\">economy\u003C\u002Fa>, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the \u003Cem>Mortgage Bankers Association\u003C\u002Fem> (MBA), \u003Ca href=\"https:\u002F\u002Fedition.cnn.com\u002F2022\u002F11\u002F10\u002Fhomes\u002Fmortgage-rates-november-10\u002F\">explains\u003C\u002Fa>:\u003C!--more-->\r\n\u003Cblockquote>\u003Cem>“\u003Cstrong>The desire for homeownership is strong\u003C\u002Fstrong>. Many prospective buyers are waiting for the volatility in mortgage rates to subside, as well as for a clearer picture of the economic outlook.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nIf you’re in that position, remember that it’s important to consider not just what’s happening today but also what \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F11\u002F04\u002Fhomeownership-wins-over-time-infographic\u002F\">benefits\u003C\u002Fa> you may gain in the long run.\r\n\r\nThere’s a lot of information out there about how homeownership helps build a homeowner’s net worth over time. But even today, many people think first about things like 401(k)s before they think of owning a home as a wealth-building tool. It’s especially important if you’re a young prospective homebuyer to understand how homeownership is another key way to invest in your future. An article from \u003Cem>Bloomberg\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.bloomberg.com\u002Fopinion\u002Farticles\u002F2022-11-11\u002Fit-s-ok-to-save-for-a-house-down-payment-at-the-expense-of-retirement?=true&sref=BRvilyBN\">notes\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“Millennials have higher average 401(k) balances than Generation X did when they were the same age, \u003Cstrong>but they're not any better off financially. . . . A lot of that has to do with being less likely to own a home.”\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fblockquote>\r\nTo help you understand just how much owning a home can have a positive impact on your life over the years, take a look at what the data shows. The same \u003Cem>Bloomberg\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.bloomberg.com\u002Fopinion\u002Farticles\u002F2022-11-11\u002Fit-s-ok-to-save-for-a-house-down-payment-at-the-expense-of-retirement?=true&sref=BRvilyBN\">article\u003C\u002Fa> helps show the gap in wealth between renters and homeowners who are 65 years and older (\u003Cem>see graph below\u003C\u002Fem>). The difference is substantial, even when incomes are similar.\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F07164903\u002Fthe-wealth-disparity-for-older-americans-MEM.jpg\">\u003Cimg class=\"aligncenter wp-image-47583\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F07164903\u002Fthe-wealth-disparity-for-older-americans-MEM.jpg\" alt=\"Homeownership Is an Investment in Your Future | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nSo, if you want to create wealth to help set you up for success later on, it may be time to prioritize homeownership. That’s because, whether you decide to rent or buy a home, you’ll have a monthly housing expense either way. The question is: are you going to invest in yourself and your future, or will you help someone else (your landlord) increase their wealth?\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nBefore putting your homeownership plans on hold, let’s connect to go over your options. That way, you’ll have expert advice on how to make the best decision right now and the best investment in your future.","\r\nBefore putting your homeownership plans on hold, let’s connect to go over your options. That way, you’ll have expert advice on how to make the best decision right now and the best investment in your future.","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F07164903\u002Fthe-wealth-disparity-for-older-americans-MEM.jpg",false,[17,21,25,29],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers",{"id":26,"name":27,"slug":28},38,"Move-Up","move-up",{"id":30,"name":31,"slug":32},53,"Rent vs. Buy","rent-vs-buy","2022-12-08T11:00:40Z","2023-02-03T15:33:36Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":15},4434,"key-advantages-of-buying-a-home-today","Key Advantages of Buying a Home Today","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F06122951\u002Fkey-advantages-of-buying-a-home-today-KCM.jpg","2022-12-07T11:00:43Z",{"id":42,"slug":43,"title":44,"featuredImage":45,"publishedAt":46,"contentType":10,"isVideo":15},4442,"reasons-to-sell-your-house-this-season-infographic","Reasons To Sell Your House This Season [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F12\u002F08120834\u002FReasons-To-Sell-Your-House-This-Season-KCM-Share.png","2022-12-09T11:00:12Z",{"cover":48,"open":49,"shareSpread":50},"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",[52,56,57,61,65,69,73,74,78,82,83,87,91,95,99,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156],{"id":53,"name":54,"slug":55},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":58,"name":59,"slug":60},6,"For Sellers","sellers",{"id":62,"name":63,"slug":64},7,"Foreclosures","foreclosures",{"id":66,"name":67,"slug":68},8,"Infographics","infographics",{"id":70,"name":71,"slug":72},9,"Home Prices","home-prices",{"id":22,"name":23,"slug":24},{"id":75,"name":76,"slug":77},34,"Senior Market","senior-market",{"id":79,"name":80,"slug":81},35,"Mortgage Rates","mortgage-rates",{"id":26,"name":27,"slug":28},{"id":84,"name":85,"slug":86},41,"For Sale by Owner","for-sale-by-owner",{"id":88,"name":89,"slug":90},42,"Featured","featured",{"id":92,"name":93,"slug":94},45,"New Construction","new-construction",{"id":96,"name":97,"slug":98},52,"Luxury \u002F Vacation","luxury--vacation",{"id":30,"name":31,"slug":32},{"id":101,"name":102,"slug":103},80,"Time-sensitive","time-sensitive",{"id":105,"name":106,"slug":107},81,"Outdated","outdated",{"id":109,"name":110,"slug":111},147,"Internal","internal",{"id":113,"name":114,"slug":115},148,"Do Not Autopost","do-not-autopost",{"id":117,"name":118,"slug":119},320,"Inventory","inventory",{"id":121,"name":122,"slug":123},321,"Agent Value","agent-value",{"id":125,"name":126,"slug":127},322,"Affordability","affordability",{"id":129,"name":130,"slug":131},323,"Buying Tips","buying-tips",{"id":133,"name":134,"slug":135},324,"Downsize","downsize",{"id":137,"name":138,"slug":139},325,"Economy","economy",{"id":141,"name":142,"slug":143},326,"Equity","equity",{"id":145,"name":146,"slug":147},327,"Forecasts","forecasts",{"id":149,"name":150,"slug":151},328,"Selling Tips","selling-tips",{"id":153,"name":154,"slug":155},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":157,"name":158,"slug":159},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]