Ryan And Brian - 5 Benefits of Homeownership




Greetings from the Ryan & Brian Real Estate Team!

Today we will be discussing 5 of the biggest benefits of home-ownership. First, lets not forget that if you are looking to buy a home, click on the link below.

If you are looking to sell your home, click on the link below for a FREE home valuation.


Equity Over Time

Homeownership can help you build equity over time. Every 3 years, the Federal Reserve conducts a survey of consumer finances from which they collect data across all economic and social groups. The latest survey reports that a home owners net-worth is 36 times greater than that of a renter. With more recent data now available in a Forbes article, the National Association of Realtors' Chief Economist, reported that the net-worth gap is now 45 times greater.

Stable Monthly Payments

Your monthly payments will remain stable. When you purchase a home with a fixed-rate mortgage, the majority of your payments, principal and interest, remain constant. On the other hand, rent continues to skyrocket. Your housing expense is much more stable if you own instead of rent.

Tax Benefits

According to the Tax Policy Center's briefing book, there are several tax advantages to home ownership. Here are 4 items from the briefing book:
  • Mortgage interest deduction
  • Property tax reduction
  • Imputed rent
  • Profits from home sale.

Take Pride!

You can take pride in your ownership! Most surveys show that a major factor on purchasing a home, is the freedom you have in designing the home the way you want. From paint colors to yard accessories, you don't need a landlord's permission to make your house feel like a home.

Home-ownership improves your community

The National Association of Realtors recently released a study titled Social Benefits of Homeownership and Stable Housing. The study explained:

"Social capital can provide residents with a platform from which to connect and interact with neighbors. Owning a home means owning part of a neighborhood, and a homeowner's feelings of commitment to the home can arouse feelings of commitment to the neighborhood, which, in turn, can produce interactions with neighbors" - Lawrence Yun & Nadia Evangelou

The Bottom Line

There are many benefits to homeownership including countless others we didn't even discuss today, That's why owning a home is still a critical piece of the American Dream. If you want help finding your dream home, call us today at (956) 203-0044!

Movie Night Client Testimonials




This past August at our Family Movie Night we got to sit down with some of our clients who shared their experience working with the Ryan and Brian team. Hear what they had to say and why they were satisfied with our services!

We Specialize In These Hidalgo County Area Communities

Alamo | Donna | Edinburg | Hidalgo | McAllen
Mercedes | Mission | Pharr | San Juan | Weslaco

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