The National Association of Realtors has a very interesting website called Housingmarketfacts.com. Here are a few statistics:
- Over the past 30 years, home values have risen more than 6% annually.
- On average, a home price will double every 10 years.
- 60% of an average homeowner’s wealth comes from their home’s equity.
- The average homeowner’s net worth is $171,000. Renter’s have an average net worth of $4800.
So STOP listening to the bad news. Watch the good news channel for a change. People change jobs & families grow making the buying of homes a necessity. The bottom line is take care of your home, do some updating,
and your home will sell for a good price.
Featured Home is a Custom Built Brick Ranch with everything on the main level....Spacious (dream) Kitchen. Family room. Laundry room. Attached garage. Large yard. Hardwood floors. So many features. So well cared for. $175,900. Located at 2302 185th St in Lansing. More info & pictures at: www.coldwellbankeronline.com/06777536 or www.Cathyhiggins.com (view my listings)
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