As real estate agents, we are often in a position to educate our clients on why buying a home or property is a smart investment. Whether to buy or sell depends on each individual client’s goals. You also might encounter clients who are on the fence about buying. One client may have reservations about buying his or her first home and another may be looking to change residences after a major life event such as a divorce. In any case, it’s a good idea to remind your client of the tried-and-true reasons purchasing a home is a wise choice. Here are four timeless reasons purchasing a home makes dollars and sense: Generational wealth Real estate is a great asset long term. Historically, as Inman reported in January from ICNY, renters have paid a quarter of their income in rent, but that number is now up to 29 percent nationwide and even higher in cities such as LA, Miami and New York. Renting is simply more expensive with no tangible payoff. Homeownership helps to build generationa…
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