Wednesday, January 10, 2007

Homeownership -Pursuing the American Dream

Renting and apartment, condo, house might be the right thing for you to do at certain times in your life. Long term, homeownership provides more benefits and may outweigh the advantages of renting.

In general the house market is remaining strong. Real Estate investments are expected to double by the end of the decade. This is the best time to be in the real estate market and is one of the best for the housing market in general.

Consumers today are savvier today than ever. The total amount of information available about the process of real estate buying and selling is enormous. Real Estate Professionals abound and are very happy to assist you with your questions, including detailed information about the market you live in.

Online research provides unlimited information. Real Estate Agents and Brokers on listed on the Internet today. AAA has a Real Estate program in partnership with Cendant Mobility. Their connection is top-tier agents from members such as Century 21, Coldwell Bank, ERA, and Sotheby’s International Realty.

Franklin D. Rains, chairman and CEO of Fannie Mae stated “The American love affair with homeownership and the growing need for housing should power the housing sector and the economy at least for the rest of the decade. The best is yet to come.”

Wherever you are today in this process, look at the long term benefits of homeownership versus renting. List your pros and cons to make an informed decision. Ask trusted friends and relatives for their thoughts on this subject. Make a decision and move forward. The best is yet to come.

Nancy Woodward better know as the Million Dollar Referral Lady strives to provide you with Real Estate Tips to improve your financial interests.

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