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The possibility to improve your personal financial state is within reach in 2016.

As the economy continues to improve, American families can see their personal financial situations improving. More and more families are able to break the chain of living paycheck to paycheck and are beginning to save and build their net worth. A historically proven way to increase family wealth is through the acquisition of real estate.

Millennials are starting to purchase and close on homes, which has been found a viable option for financial growth. For example, if a buyer purchases a $250,000 home today, the value of that investment can be significantly more 5 years down the road.  This pattern came to a screeching halt during the Great Depression and the most recent economic recession, but overall has held true through the passage of time.

After extensive research, nationwide economists have predicted that a $250,000 house will rise to $292,075 within the next 5 years. This means that the buyer who makes this initial  investment has the potential to earn $42,075 of appreciation and grow their personal wealth over the next five years based solely on increased home equity. In addition to the fiscal reward, buying your home will allow you to live the dream of homeownership! In many cases, this option can be an opportunity for a long-term financial security.

If you’re looking to purchase your dream home and maximize an opportunity to improve your financial wealth, contact Jenn Blake Real Estate Group in San Diego, California!