The Trusted Home Buyer Logo602-456-4440

4 Reasons Why Homeownership is a Good Investment in Phoenix

Martin Boonzaayer

December 4, 2019

Maybe in the past, you’ve thought about owning a house but you’re not sure if it’s right for you. Well, aside from owning your own home instead of renting, one consideration is that it’s a sound financial investment. Here are 4 reasons why homeownership is a good investment in Phoenix.

There are many kinds of investments out there – from stocks to bonds, from funds to art – but one of the best investments out there is real estate.

It’s a stable, solidly performing investment. If you are curious about whether it’s right for you, here are 4 reasons why homeownership is a good investment in Phoenix…

Reason #1. It’s a Real Asset

Some investments, like stocks, are just “paper” assets. That is, they represent an investment but they don’t have any real value themselves. If the company collapses, you’re left with nothing but a worthless piece of paper. However, with real estate, you have a real asset (something you can touch and see) and it has real value.

Reason #2. Upward Trend

One of the things that make real estate a great investment is that the price tends to go up. Sure, the price might fluctuate depending on the economy or what else is going on in the neighborhood, but in general, real estate prices tend to rise over time.

Reason #3. You Can Increase Value

Why Homeownership is a Good Investment

A very powerful reason why real estate is a good investment is that you have control over the value of the property. If you buy a house for a certain price and them improvements, you’ll increase the value of the house.

A new paint job or an upgraded bathroom can raise the resale value of your home. (This is preferable to a stock, which you can’t really improve with a paint job!)

Reason #4. Stability

If you’re currently renting a place to live and not sure if a property will give you a good return, then consider this: one often-overlooked return is the stability you get from living in one house that you own.

And that stability translates into a better credit score. And that credit score is a valuable outcome that can improve your ability to borrow, and even your ability to find a job (since some employers will check your credit score before hiring you.)

So just my moving into a home and staying there for a while, you’ll get some stability and be able to increase your credit score.

Summary

If you’re currently renting and debating about whether you should buy a property, then think about the return you could get on that property. Real estate is often a solid investment and here are 4 reasons why home ownership is a good investment in Phoenix.

Ready to invest in your next home in Phoenix? We want to help. To talk to us about buying your next house, click here now and fill out the form or call our office at 866-488-9923.

Explore more

June 17, 2022
10 Reasons Why You Should Sell Your House to an Investor

If you need to sell your house quickly, you should consider selling it to an investor. Investors like The Trusted Home Buyer can even navigate tough situations like foreclosure, divorce, probate, or other issues that make selling your house very difficult and uncertain.  In fact, real estate investors are some of the best buyers in […]

Read More
May 19, 2022
How The Trusted Home Buyer Helps Seniors And Their Families 

Our team is passionate about helping seniors when they are ready to transition to senior care living. Our team members are Moms House certified and have been actively out in the community, networking with people in the senior health industry. Our program was designed to help seniors and their families with one of the biggest […]

Read More
March 24, 2022
How To Sell A House In Probate

After there is a death in your family, the idea of selling the family home can be a very difficult one to make. Not only are there memories tied to the home, but there is also a large list of complications that come with the probate process. Understanding how this process works can be a […]

Read More
March 2, 2022
I Want To Sell My Mobile Home Quickly

If you want to sell your mobile home quickly, you can take a few routes, each with its own level of work on your part. For example, you have the option to sell to an investor for quick cash. You can fix up your property and list it yourself. You can hire a real estate […]

Read More
The Trusted Home Buyer Logo
Copyright © The Trusted Home Buyer
WE BUY HOUSES IN:

4.7 64 reviews