Kimberly O'Neill’s Post

Two paths, one ultimate goal - securing your dream lifestyle. If you're trying to decide if it’s better to keep renting or buy a home, turn to the pros for help. Just keep in mind that if you’re looking to build wealth, homeownership wins in the long run. #realestateadvice #housingmarketupdate #realestateagents #reators #exprealtyagents

Two paths, one ultimate goal - securing your dream lifestyle. If you're trying to decide if it’s better to keep renting or buy a home, turn to the pros for help. Just keep in mind that if you’re looking to build wealth, homeownership wins in the long run. #realestateadvice #housingmarketupdate #realestate #newhome #dreamhome #realtorlife #sold #luxuryrealestate #luxuryliving #openhouse #homes #househunting #realty #justlisted #homesforsale #listmyhome #realestateagent #realestatelife #homesweethome #realestatetips #realestatemarket #investor

It is often said that homeownership builds wealth. So, what is home equity, and how can it enhance your net worth? Carrie Hill Benchmark Realty Direct:615.812.6858 Office:615.432.2919 #CovenantStrong #CovenantSchool #BeBetterBeBenchmark #Nashville #RealEstate #Realtor #HomeBuying #HouseHunting #NashvilleStrong

It is often said that homeownership builds wealth. So, what is home equity, and how can it enhance your net worth? #karenbensorekrealtor#home #thehouseexpert #house #lirealtor #homeowner #househunting #realestate #isold#million#danielgale#sothebys#greatneck#dreamhome#happyhomeowners #karenbensorekrealestate#luxury

It is often said that homeownership builds wealth. So, what is home equity, and how can it enhance your net worth? Amanda Robinson 303-912-4904 Nativenocorealtor.com Nativenocorealtor@yahoo.com #realestate #realtor #realestateagent #home #forsale #househunting #newhome #realestatelife #homesforsale #justlisted

Owning a home is the best path to increased wealth.

Two paths, one ultimate goal - securing your dream lifestyle. If you're trying to decide if it’s better to keep renting or buy a home, turn to the pros for help. Just keep in mind that if you’re looking to build wealth, homeownership wins in the long run.🏘️👍 #realestateadvice #housingmarketupdate #buying #homes #BHGRESignatureBrokers #realestateagent #realtor #selling #chattanooga #TheCallahanGroup #realestate

Why a Condo Could Be Your Perfect First Home If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome. These types of homes often come with a lower barrier to entry – and that can help you start to build equity and enjoy the benefits of owning a home sooner. Since they're usually smaller than single-family homes, they can be easier on your wallet. While it’s not always the case, smaller square footage usually comes with a smaller price tag too. As a result, according to the latest data from Realtor.com, condos typically have a lower asking price than single-family homes (see graph below): And here’s some exciting news: builders are focusing more on homes like these. The National Association of Home Builders (NAHB) says: “The share of townhomes being built is at an all-time high.” That means there’s a good number of options to add to your home search if you broaden it to include condos and townhomes. And you may even find something that works better for your budget. So, if you're comfortable with a smaller space and want to buy your first home before the spring rush, adding these types of homes to your search might be your answer. The Perks of a Condo Lifestyle Living in a condo has a bunch of other perks, too. Let’s look closer at why condos are appealing for first-time buyers: They help you start building equity. When you buy a condo or townhome, you build equity and your net worth as you make your mortgage payments and as your condo’s value goes up over time. They can be low maintenance. Condos are great if you want to own your place but don't want to mow the lawn, shovel snow, or fix the roof. Your real estate agent can help explain any associated fees and details for the condos you’re interested in. They usually come with a range of amenities. Your condo might come with access to a pool, dog park, or parking. And the best part? You don’t have to take care of any of them. They create a sense of community. Buying a condo means you'll be living close to other people, which is nice if you want a more close-knit feel. Many communities like these hold fun events such as barbecues and parties to help create that sense of connection among residents. Remember, your first home doesn't have to be the one you stay in forever. The important thing is to get your foot in the door as a homeowner so you can start to gain home equity. Later on, that equity can help you buy another place if you want something different. Ultimately, owning and living in a condo or townhome is a lifestyle choice. If you want to see if it makes sense for you, talk to a local real estate agent.  Bottom Line Ready to find a home that suits your goals? A condo might be the perfect fit for your first home purchase. Let’s connect today to start your search.

This amount covers rent, utilities, and related expenses over an average span of 13 years, as people usually rent from age 22 until they buy a home at 35. While it might seem daunting, being informed about where your money goes can help you plan for the future. The good news is that homeownership is more achievable than you think, especially when you start preparing early. Even if you feel like you are nowhere near your homeownership journey and continue planning on renting for years (which is also not a bad option), The McT Real Estate Group is here to help. Z and Mary McT, Realtors McT Real Estate Group Big Block Realty 619-736-7003 https://lnkd.in/g9Jyq8zG #mctrealestategroup #sandiegorealtor #sandiegorealestate #realestate #northpark #southpark #realestatetips #homeownershipgoals #rentvsbuy #firsttimehomebuyer #homebuyingtips #realestateguide #sandiegoliving #housingmarket #realestatetipsandtricks #realestateadvice #financialfreedom #longtermwealth #sandiegocommunities #investmentproperty #metroSD #realestatejourney #renterlife #futurehomeowners #sandiegohomes

🏠🔑 Renting vs. Buying: Which Path is Right for You? 💭✨ Ready to take the next step towards homeownership? Let's discuss your options and find the best fit for your lifestyle and goals! 📞💬 #RentVsBuy #HomeOwnership #UHM #DreamHome #MortgageOptions