The central California real estate market is up year over year!
Home prices are up 7.3%
This is great news!
But what if I told you that your return on investment is even MORE than that?
If you bought the average priced home a year ago – $300,000 and put 10% down
You would have invested thirty thousand into your home.
In one year – your home would have appreciated twenty one thousand dollars!
Are you following?
Thirty Thousand dollar investment resulted in a Twenty One Thousand Dollar Appreciation.
Now I know that my analytical friends will find ways to poke holes in this . . .I didn’t mention closing costs when you bought it nor did I mention what it would cost to sell your home to get this money back . . . but I’m not advocating that!
Real Estate is a great investment. Period.
Consider what getting into a home could do for your portfolio. It’s never too late to start.