As the economy in Indianapolis, IN and across the U.S. continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way to dramatically increase their family wealth is through the acquisition of real estate. As real estate agents in the Fishers and Indianapolis IN areas, we have experience investing in real estate to help build our own families as well as our teams families wealth in real estate portfolios.
Want to know how it works? For example, let’s assume a young couple purchases and closes on a $250,000 home in January. What will that home be worth five years down the road?
Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists every quarter. They ask them to project how residential prices will appreciate over the next five years. According to their latest survey, here is how much value that $250,000 house will gain in the coming years.
Over a five year period, that homeowner can build their home equity to over $40,000. And, in many cases, home equity is large portion of a family’s overall net worth. Either owning a home in the right area for yourself or purchasing a home to rent out in the Indianapolis for a secondary income property would help establish
If you are looking to better your family’s long-term financial situation, buying your dream home or another home as an investment property might be a great option. Start your search today and contact the Evelo Team for more information at 317-863-4663