WHY HOMEOWNERSHIP WINS IN THE LONG RUN Today's higher mortgage rates, inflationary pressures and concerns about a potential recession have some people questioning should I still buy a home this year? While it's true this year has unique challenges for homebuyers, it's important to think about the long-term benefits of homeownership when making your decision Consider this if you know people who bought a home 5 10, or even 30 years ago, you're probably going to have a hard time finding someone who regrets their decision Why is that? The reason is tied to how home values grow with time and how, by extension, that grows your own weath. That may be why, in a recent Fannie Mao survey, 70% of respondents say they believe buying a home is a safe investment. HERE'S A LOOK AT HOW JUST THE HOME PRICE APPRECIATION PIECE CAN REALLY ADD UP OVER THE YEARS. Data from the Federal Housing Finance Agency (FHFA) shows just how noteworthy price gains have been over BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES MONTROSE $499.000 1549 Wetterhorn Street 3 Bed 12 Bath12 164 sq ft. Don Bailey 970 209.8257 COBBLE CREEK $675.000 CALL US TO LEARN MORE ABOUT OUR ADVANCED MARKETING LISTING SERVICES DASED NORAS DESSBET AHMA 20 EX the last five years in the Mountain Region in the United States the percent change in home prices grew on average by just over 66% nationwide over a five-year average, but overall home prices gained solid ground in a period. Some areas are slightly above or below that short time. And if you expand that time frame even more the benefit of homeownership and the drastic gains i homeowners made over the years become even clearer P Nationwide, home prices in the mountain region in the U.S. appreciated by an average of over 457% over a roughly 30-year span. This nationwide average tells you the typical homeowner who bought a house 30 years ago saw their home more than triple in value over that time. That's a key factor in why so many homeowners who bought their homes years ago are still happy with their decision The alternative to buying a home is renting, and rental prices have been climbing for decades. So why rent and deal with annual lease nikes for no long-term financial benefit? instead, consider buying a home Bottom Line if you're questioning if it still makes sense to buy a home today, remember the incredible long-term benefits of homeownership.. The average days on market in Montrose has decreased just under 20% compared to last year. If you'd like more information about the value of your home, give us a call today. bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond! 545 Collins Way 30ed3 Bath 12.461 sq ft ree Christier Jeff Koenduss 970 275 31557970-209 3825 BHHSColorado.com I (970) 249-4663 Price improvement! 20% $9350 LONE EAGLE ROAD, MONTROSE $139,90012.71 Irrigated Acres in prestigious Eagle Heights with gorgeous views paid water tap and anetof spring Linda Sted 970 417 0082 ME Call one of our trusted real estate brokers Trena Unrein, Brian Unrein Autumn Barrett, Don Baey Jeff Kechfuss, Kree Christie, Linda Stel Makaya Cervone, Michael Scott Dosch and Donna Justin WHY HOMEOWNERSHIP WINS IN THE LONG RUN Today's higher mortgage rates , inflationary pressures and concerns about a potential recession have some people questioning should I still buy a home this year ? While it's true this year has unique challenges for homebuyers , it's important to think about the long - term benefits of homeownership when making your decision Consider this if you know people who bought a home 5 10 , or even 30 years ago , you're probably going to have a hard time finding someone who regrets their decision Why is that ? The reason is tied to how home values grow with time and how , by extension , that grows your own weath . That may be why , in a recent Fannie Mao survey , 70 % of respondents say they believe buying a home is a safe investment . HERE'S A LOOK AT HOW JUST THE HOME PRICE APPRECIATION PIECE CAN REALLY ADD UP OVER THE YEARS . Data from the Federal Housing Finance Agency ( FHFA ) shows just how noteworthy price gains have been over BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES MONTROSE $ 499.000 1549 Wetterhorn Street 3 Bed 12 Bath12 164 sq ft . Don Bailey 970 209.8257 COBBLE CREEK $ 675.000 CALL US TO LEARN MORE ABOUT OUR ADVANCED MARKETING LISTING SERVICES DASED NORAS DESSBET AHMA 20 EX the last five years in the Mountain Region in the United States the percent change in home prices grew on average by just over 66 % nationwide over a five - year average , but overall home prices gained solid ground in a period . Some areas are slightly above or below that short time . And if you expand that time frame even more the benefit of homeownership and the drastic gains i homeowners made over the years become even clearer P Nationwide , home prices in the mountain region in the U.S. appreciated by an average of over 457 % over a roughly 30 - year span . This nationwide average tells you the typical homeowner who bought a house 30 years ago saw their home more than triple in value over that time . That's a key factor in why so many homeowners who bought their homes years ago are still happy with their decision The alternative to buying a home is renting , and rental prices have been climbing for decades . So why rent and deal with annual lease nikes for no long - term financial benefit ? instead , consider buying a home Bottom Line if you're questioning if it still makes sense to buy a home today , remember the incredible long - term benefits of homeownership .. The average days on market in Montrose has decreased just under 20 % compared to last year . If you'd like more information about the value of your home , give us a call today . bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond ! 545 Collins Way 30ed3 Bath 12.461 sq ft ree Christier Jeff Koenduss 970 275 31557970-209 3825 BHHSColorado.com I ( 970 ) 249-4663 Price improvement ! 20 % $ 9350 LONE EAGLE ROAD , MONTROSE $ 139,90012.71 Irrigated Acres in prestigious Eagle Heights with gorgeous views paid water tap and anetof spring Linda Sted 970 417 0082 ME Call one of our trusted real estate brokers Trena Unrein , Brian Unrein Autumn Barrett , Don Baey Jeff Kechfuss , Kree Christie , Linda Stel Makaya Cervone , Michael Scott Dosch and Donna Justin