Why Real Estate is a Good Investment

Did you know that 90% of all millionaires became so through owning real estate?

Whether you are buying real estate to have a roof over your head or you’re adding to your investment portfolio, real estate is one of the most stable and profitable investments for your hard earned money.

“I will forever believe that buying a home is a great investment. Why? Because you can't live in a stock certificate. You can't live in a mutual fund.” - Oprah Winfrey

You can live in your investment! This may not be a surprise to most people but not everyone thinks about their primary residence in this way.  While you are enjoying the roof over your head you are gaining equity in your home of about 3 to 5% on average depending on the market. The Colorado Springs area has seen home value gains of about 8 % for a single family home from July of last year to July of this year.  

*At the end of 2016 the median price for a single family home in the Colorado Springs area was $257,900 by the end of 2021 that median home price was at $442,700.

442,700 - 257,900 = 184,800

184,800 ÷ 442,700 = 41.7% Equity Gain in 5 years, and you got to enjoy the benefits of living in the home as well!

Historically real estate is a sound investment despite any ups and downs in the market due to scarcity - they’re not making any more land.

If you haven’t made the plan to purchase your own home, we here at EXIT Realty Mountain View can help get you on that path to building your’s and your family’s wealth through homeownership.  We would love to help you build generational wealth and not just find you a great investment but a home to love as well.

Colorado Springs Real Estate - EXIT Realty Mountain View, Brandy Brown Employing Broker/Owner - We help home buyers and sellers along Colorado’s Front Range including Colorado Springs, Pueblo West, Woodland Park, Fountain, and Peyton. Please contact EXIT Realty Mountain View at 719.375.3864 to connect with one of the amazing brokers on our team.

“Your dream is our mission.”