Wisconsin homebuyers the buyer's market market we've had for so long is on its way out

The buyers’ market we’ve had for so long is on its way out.

Time to buya home……

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A key factor in wealth

Suze Orman, well known financial advisor, believes owning a home is a keystone of wealth… both financial affluence and emotional security.



Other financial benefits

• Tax deduction on mortgage interest and real estate taxes

• Pay off your mortgage rather than your landlord’s




• Real estate has performed better than the stock market over time



It can be cheaper to buy than rent in Wisconsin



Rents go up, the money you pay is no longer your own

Based on a 6% rental increase each year, if you now pay:



Home affordabilty is high

An index of 100 is defined as the point where a median-income household has enough income to qualify for the purchase of a median-priced home, assuming 20% down and

25% of gross income devoted to mortgage interest and principal payments.Wisconsin Housing Affordability Index is 291



Interest rates remain low

Look what monthly savings would be wiped out with even a small increase in interest rates



Where interest rates have been and look how much less the monthly payments are now.



Rates are expected to rise... This is opportunity time.



Sales are up and prices are on the rise



Steady price increases are expected



Even with all the financial reasoning, it is not about money

• Freedom to personalize your space• Yard for friends, family and pets• Sense of community with neighbors• Have space to engage in hobbies• Sense of accomplishment on achieving the American

Dream

Even with all the financial benefits, it is not about money



Even with all the financial benefits, it is not about money



Home is at the heart of living



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Wisconsin homebuyers the buyer's market market we've had for so long is on its way out

Real Estate