Sep 06 2023

Real estate is still the #1 investment


Is it the right time to buy a house? For the past 11 years, real estate ranks as the top investment.

buy a house

Here are some takeaways:

  • A new Gallup poll shows that real estate has once again been rated as the number one long-term investment for the 11th year running.
  • When you own real estate, you get more than the pride of having your own home. You also get the chance to build prosperity to help sustain your future.
  • If you’d like to start growing your investment, reach out to a local Loan Officer and see if the time is right to buy a house.

We can help you build your prosperity.

Contact your local Academy Loan Officer to find out how.

Equity growth makes homeownership a great investment

As home values climbed throughout the pandemic, so did the prosperity of American homeowners. For most homeowners, this yielded substantial equity gains. Recently, Selma Hepp, CoreLogic’s Chief Economist, confirmed that, “U.S. homeowners on average still have about $270,000 in equity, nearly $90,000 more than they had at the onset of the pandemic.”

When you buy a house, home equity accumulates through a combination of price appreciation and paying the principal payments on your mortgage. The longer you remain a homeowner, the more you can stand to gain.

Here’s an example:

These numbers illustrate why so many Americans see homeownership as their top long-term investment. Owning a home is how most people in the U.S. build their prosperity.

If you’re ready to buy a house, this investment can also be money-saving. As rents and inflation climb, your monthly mortgage payment will stay relatively fixed. This is why homeownership is largely considered a reliable hedge against inflation.

Homeownership ranks as Americans’ number one investment, and it’s also still part of the American dream. While the American dream is entirely personal, it often encompasses prosperity, success, and freedom. Homeownership speaks to all these goals as it can support a sense of community belonging, financial stability, and achievement.

In a recent Bankrate survey asking participants to rank markers of economic prosperity, homeownership again came out on top. Nearly three-quarters of respondents said they prioritized owning a house over being prepared to retire (62 percent), career success (61 percent), owning a car (52 percent), having kids (42 percent), and graduating from college (33 percent).

How can we help you invest in your future?

Here at Academy Mortgage, our goal is to Inspire Hope, Deliver Dreams, and Build Prosperity for anyone we meet. This means that when you’re ready to buy a house, your Loan Officer gets to know you. They find out your unique needs, assess potential roadblocks, and help put you on the path to homeownership. Contact your local Academy Loan Officer.

Please consult a trusted professional as personal circumstances may vary. No specific results are guaranteed. Not all applicants will qualify. MAC724-1487806.