Call or Text Linda:

(858) 361-5561

Call or Text Linda: (858) 361-5561


The American Dream of Homeownership is Still Possible

Almost all Americans aspire to reach the American dream.  Even though that dream can vary for many, there seems to be one consistent variable. That variable is homeownership, and it’s typically the foundation for an individual’s net worth. According to a recent survey by the National Association of Realtors (NAR), over 90% of households still place home buying, real estate at the basis of the American dream. However, many may wonder if real estate is still attainable. If you have been asking yourself that question, you may want to think about the following:

  • If you currently rent, you are missing out on several key tax advantages.
  • If you are paying rent to live somewhere, this is money that could be going to purchase your own asset. Home buying builds equity.
  • Home buying, real estate provides an opportunity for appreciation in the real estate market—versus no opportunity with renting.
  • Predictability on your monthly budget. If you purchase a home using a fixed mortgage, your payment is fixed—unlike rent where the payment will go increase over time.

Home buying, real estate is a big decision, and you will need a licensed real estate professional to help guide you through the process. Even if you feel like you may be lacking a few dollars for a down payment, contact a licensed realtor today. There are special programs and financing options that may allow you to enter the real estate market even with a lower down payment. The same goes with your credit score. According to Ellie Mae, many home buyers enter the market with a score under 700. So, if you have been thinking about making the jump into real estate, contact a licensed realtor today. You may be able to achieve your dream faster than you think.

For more of our perspective on this subject read our recent blog, “Top Reasons to Hire a Real Estate Professional.”

Thinking of buying or selling a home in the La Jolla area? As consistent top producers in real estate, Linda Daniels and The Daniels Group are your La Jolla housing specialists. Working with The Daniels Group will give you with the advantage of having local experts to ensure that you have a successful real estate transaction. From buying, selling and investing to financing options and more, we have the expertise and resources to help you achieve your goals. Call us today at (858) 361-5561 or email us anytime by clicking here.