Can Home Ownership Benefit You?

There are many great Roseville area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 916-788-8822 for a FREE home buying or selling consultation to answer any of your real estate questions.

Many people think that home ownership is a costly endeavor with few kickbacks. While there is quite a bit of added responsibility with home ownership, there are also substantial financial incentives that not everyone is aware of.

1. Owning is like paying yourself instead of a landlord. We all need to live somewhere, why not own your own property? When you pay rent, you're helping the landlord pay the mortgage on his home, which benefits him and not you. The landlord also gets all the benefits from the appreciation of the property you're living in!
2. Owning is a form of forced saving. When you buy a home and make a mortgage payment, a portion of it pays off the principle balance of your loan. This is small at first, but builds up over time, When you go to sell, not only do you benefit from appreciation, but you benefit from a lower mortgage payment. This means you get more money to either put in your pocket or roll over to your next home.
3. Tax benefits. We're not an advocate of making financial decisions based solely on tax benefits, but it's undeniable that your mortgage interest and property tax deduction can save you a lot of money on your taxes and reduce your overall tax burden.

These are only a few of the many financial incentives to home ownership. When you combine these with the real reasons to buy a home - such as customization, family rearing, or simply having a place of your own - owning a home starts to look like a win-win situation.

If you have any questions about this topic or anything real estate related, don't hesitate to reach out to us. We would love to answer your questions in an upcoming video, or just speak to you on the phone. We look forward to hearing from you!

How we helped Carolyn sell her home by being able to coordinate the things she needed

"Working with Chris was very good! This was my second home, so I wasn’t living in the area and Chris was able to take care of a lot of things to get the property ready for sale, which I really appreciated.  He coordinating to get a cleaner in there after the tenants left and to get a landscaper which really helped me out so I didn’t have to drive down there."

-Carolyn Stark, Home Seller

How we helped first time home seller Pat sell his home buy always being there to answer questions

"It was brand new to me, I had never sold a home before and Chris made a very stressful task as easy as could be. He was always there to answer questions and he gave good advice but he left the final decision to us. He didn’t push or try to sway us one way or another and Chris was always someone I could count on."

- Pat Cantrell, Home Seller

How we helped Jim with his real estate needs by being on point

"The results speak for themselves. We got our home sold within a week and found our new house within a month. Everyone on Chris’ team was on point and did exactly what they were supposed to do. It was fantastic and we got exactly what we wanted!"

- Jim Schuett, Home Seller

Roseville/Sacramento Area Real Estate Snapshot for August

There are many great Roseville area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home,click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 916-788-8822 for a FREE home buying or selling consultation to answer any of your real estate questions.

Recently, we've seen some interesting trends in Eldorado, Placer, and Sacramento counties. We've moved from a seller's market to a neutral market, which means neither the buyer nor the seller has a particular advantage. Here are the current numbers:

• Inventory of available homes is up 31% compared to August of last year.
• Number of homes sold during that same time is down 12%.
• Price per square foot is about $181 over the last four months. 

What does this balanced market mean for you? We think the reason buying activity has slowed down is many institutional investors who were buying in our area a year ago have left. This means prices are no longer appreciating.

If you are selling, you need to make sure your home shows in its best light, that it stands out from the competition. To do this you need to market and price it aggressively to attract the right buyer. If you are a buyer, you have a lot of fantastic homes to choose from and interest rates are still at historic lows. So now is a great time to lock in a great rate for a great home.

As you know, real estate is local. Because this information may not apply to your specific neighborhood, we invite you to give us a call or shoot us an email. We would love to discuss market conditions in your area and help you determine your options. Thanks for stopping by our blog - have a great day!