DC Ranch Homes For Sale | Want To Increase Your Family’s Wealth? Here’s How!
Did you know that in the DC Ranch community you'll find a variety of architectural home-styles from single family, attached, luxury rentals, custom homes and home sites.
DC Ranch has slowly transformed over the last few years. DC Ranch is connected by miles of winding paths and trails that take you anywhere on the ranch including the community center, private golf course and country club, retail site, schools and much more. All neighborhoods are connected by a system of paths and trails which allow you to go virtually anywhere in the community without crossing a major street.
If you are looking just for the right property in DC Ranch today, I would be happy to consult with you and bring you my experience and expertise in the DC Ranch Community to help you make the right the decision
Today I would like to speak to you about Want To Increase Your Family’s Wealth? Here’s How!
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 equity. As 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.
Let’s look at the potential equity gained over the same period of time at some higher price points:
In many cases, home equity is a large portion of a family’s overall net worth.
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.
See something that interests you around La Strada in DC Ranch?
How about Ironwood Village, Pima Acres and Sera Brisa. . we can guide you through the area and then find the best properties available for sale. We also have more information about Windgate Ranch.
Need help? Contact Us anytime to schedule a private showing for any property in DC Ranch. Or search our website www.realscottsdalehomes.com to find more information on the community of DC Ranch and all Scottsdale area real estate.
Ryan Ney Real Estate
of My Home Group
DC Ranch Specialist
Ph: (480) 332–5659