Buying homes in Waldorf MD Builds Wealth

Dated: 03/19/2019

Views: 71

Do you want to increase you families wealth through Real Estate?

Are you looking to Buy Home in the Waldorf MD area and Achieve that goal of building wealth?

These are questions that not many people think about when buying a home in Maryland, DC or Virginia. There is always ways to make and keep your wealth in Real Estate. Taking the time to learn the trends of the market, or hiring someone such as myself your Waldorf MD Realtor® Skip Young. 

We take the time to look at the opportunities out there to help yo make a decision when you need to move to your next home. If you worked for 30 years, meaning you started this when you were 22 and just started a new job, you would have so many options available to build your wealth for retirement or even just to have as many properties as you possibly wanted.

Here is some of whats going on in the world today:

Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth.

Every month that you pay your mortgage, you are paying off a portion of the debt that you took on to purchase your home. Therefore, you own a little bit more of your home every month in the form of home equityAs your home’s value increases, you also gain home equity.

Every quarter, Pulsenomics surveys a nationwide panel of over 100 economists, real estate experts, and investment and market strategists. They are asked to project how residential home prices will appreciate over the next five years for their Home Price Expectation Survey (HPES).

The latest data from their Q1 2019 Survey revealed that home prices are expected to round out the year 4.3% higher than they were in January. For the next 5 years, home values will appreciate by an average of 3.21% a year.

This is great news for homeowners!

For example, let’s assume a young couple purchased and closed on a $250,000 home in January of this year. Simply through their home appreciating in value, those homeowners can build their home equity by over $40,000 over the next five years.

Want To Increase Your Family’s Wealth? Here’s How! | MyKCM

Let’s look at the potential equity gained over the same period of time at some higher price points:

Want To Increase Your Family’s Wealth? Here’s How! | MyKCM

In many cases, home equity is a large portion of a family’s overall net worth.

Bottom Line

Whether it’s your first or your fifth, if your plan for this year includes buying a home, let’s get together to help you understand where prices are headed in our area.

Skip Young - Your Maryland Veterans Realtor®

Yes, I am a Realtor, and I am MVHC or Military Veteran Housing Certification. Meaning I have to understand your Military Move, your Retirement move and when you take on you Veteran status, I need to understand all aspects. Working together is a partnership that I am willing to share my previous Elite Military Skills and 16 Years of Real Estate Knowledge.

Your Waldorf MD Realtor® - Skip Young

f you are stationed here and are looking to purchase or sell a home please contact Skip Young Realtor®:
Marine Barracks 
 Joint Base Anacostia-Bolling PSD Washington, DC Washington Navy Yard USCG Headquarters Visitor Entrance the United States NavyNavy Band US Army National Guard Armory American Military Society Navy Lodge US Naval Reserve Readiness Military Naval & Air AttacheWashington DC Police Department Air Supply US Coast Guard Headquarters Joint Anacostia-Bolling AFB Department of NavyFort George G. Meade Naval Support Facility Indian Head Joint Base Andrews Coast Guard Yard US Air Force Civil Air Patrol NAVAIR Maryland Military Department Naval Surface Warfare Center Army National Guard Recruiter US Army Reserve Center Naval Air Station Patuxent River Welcome to the Fort Belvoir Air Force United States Department Joint Base Andrews, MD

Skip Young Realtor® with Reviews as a Realtor®, has an extensive background in working with an Elite Unit while serving his country from 91 - 94. Now an Award-winning Realtor®, located in Waldorf MD, has proven not just in the ranks of the field with an Elite unit in the Army, but also in the Maryland Real Estate Business. By working with every type of client, to include active duty and veterans alike. His dedication to helping those who are serving and need to use their VA loan, need information on leasing a property due to a short-term duty station at any one of the bases here in the Washington DC, Maryland or Virginia. Military bases such as:

There are currently 23 million veterans and service members right in your local community of Washington DC, Maryland, and Virginia. They transact over $153 billion annually in the Local Real Estate purchases and Selling of Property, along with the Rental Market. Learn how you can help tap into and serve the veteran community with VAREP, the Greater Annapolis Chapter. Skip Young your Waldorf MD Realtor® and Veteran is still continue's to serve my country by helping our community of brothers and sisters by representing the Government Affairs division. The position is about assisting in changing the laws that help protect veterans and service members who need to find housing in the Washington DC Maryland and Virginia area.

Skip Young | EXP Realty | Waldorf MD Realtor®

Realtor®, Veteran, New Home Sales

888-860-7369 x 240 Broker

301-337-1999 Cell

eXp Realty

137 National Plaza, Suite 300

National Harbor, MD 20745

www.skipyoung.com

Caruso Homes “Build on Your Lot”

2120 Baldwin Avenue, Suite 200, Crofton, MD 21114

www.carusohomes.com

 

 

 

 

 

Waldorf MD Realtor® | Veteran | eXp Realty | Author | VAREP Director of Government Affairs Greater Annapolis Chapter


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Skip Young

Fort Meade MD Realtor | PCSing Relocation Expert | Skip Young | RealtorĀ® | Veteran | EXP Realty As a Maryland Realtor I bring additional skills to the Maryland Real Estate market. I grew up here. I ....

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