New Property Launch for New Homes

As the economy continues to slowly climb up toward recovery over the last few years, there are more than enough individuals who have discovered the best way for growing wealth is with home ownership and real estate. Not only do people not trust the current stock market, but when you look at the long term value of real estate in general you have a much better shot of controlling the big things and the little things when investing in a new home with DDProperty.

Long Term Growth Success

As the stock market has continued to go up over time in general, the old adage is simply that there is no better investment than a home. One of the top contributing reasons may be because more people are constantly being born and people do need to find a place to live in general. As silly as the logic might seem, it does hold up. And, while there are plenty of reasons that could eventually suggest a housing market can become volatile from time to time, as long as you are buying a home for a fair price and hold it over time the relative market value will appreciate.

If you look at the market for homes historically, there hasn’t been a period of time where homes have lost value over most twenty to thirty year periods. Obviously there are certain regional factors as well as some recessions where everything has dropped for a few years. That being said, the relative price of homes has always bounced back after a poor economic period. When you look to buying property, you are making an investment that has always paid off historically.

What’s the Alternative to Owning?

Looking at your alternative options, the question is very simple. Some people say that they don’t want to be locked into paying a mortgage for twenty or thirty years, but you have to wonder what the true alternative is. Just because you aren’t forced to pay towards a mortgage for the long haul doesn’t mean you aren’t still paying a mortgage. In fact, when you are “avoiding” paying a mortgage you are actually paying someone else’s mortgage off!

If you decide to rent, you can also be subjected to rising rates, noisy neighbors, never being able to feel like you have roots in an area, and more. That’s before you even consider the inability to make changes in your own home. From trying to paint the walls to putting in a patio or a deck, when you don’t have actual ownership of the home yourself then how do you really get to make any sort of changes? While you might think you are gaining some flexibility by not forcing yourself into a mortgage (and you could be correct), you are actually paying a pretty heavy cost in order to maintain that flexibility. All of that is before you consider what happens when you have rented for twenty or thirty years and you still don’t have ownership of a property.

Can Generate Income and Write-offs

While some may not consider the hidden abilities of an actual home, there are more than enough strategies to implement in order to get ahead instead of falling behind. There are some who use an extra room (or more) and rent it out in order to pay the mortgage. Other individuals will subdivide the home into smaller pieces in order to truly turn a home in a rental opportunity. Even more will organize a portion of the home into workshop or an office and will obtain a job where they can work from home. Depending upon the tax code of the location you are in, you could literally be paid to work from home and then receive a tax write-off in the process as well!

Further adding to the mix is simply the write-offs that certain tax codes will let you take. From being able to write off more expenses once you are able to itemize, down to having the opportunity to even being able to generate possible rental income, the fact of the matter is when you are invested in a home you do have access to additional income and write-offs that can protect you.

The reason you choose to buy a home of your own is all up to you, however, there are more than enough reasons out there to make it more than worth your while. When you consider not only the potential value of a home in terms of financial worth but also what it can provide you and your family with in the sense of protection and security, then you know it just makes sense. Throw in the fact about not having a true alternative to a home before you consider the perks, and it truly makes sense that there has never been a better time to buy a home.