REMAX of Bigfork

Rent vs Buy

I just ran across a newsletter from a local lender that quoted research done by the National Association of Realtors (NAR) in 2012.  It said that “Renters typically have a net worth of $4,000, while owners on average are worth about $160,000”.  I’ve always believed that  owning a home is like having a savings account to you get to live in everyday.  There are few other investments that provide savings and enjoyment besides real estate.   The NAR Chief Economist Lawrence Yun adds that owning a home is a good long term choice.  He notes “from 1981 to 2011, despite the housing bust years, home values more than tripled.”

By Diana Rahdert | Posted in Market Updates
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The Hollinger Team

Can we answer any questions for you?

With a lifetime of experience living here in Montana's Flathead Valley, we can answer any question you might have—we've got a ton of real estate expertise, but we can also help with the practical stuff too, like where the best fishing spots are, when ski season begins, and what to do if a moose wanders into your property.

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