Most people intuitively know that it’s better to own a house instead of renting a place. The NAR recently looked at the data and found that the net worth of home owners exceeds that of renters by a factor of 50 to 1, with the main difference being home equity. 50:1 – wow.
There are still plenty of affordable good buys out there. This house was in a quiet neighborhood and was in the 160’s. It’s been remodeled and is on a large lot, and subsequently sold.
If you’d like information on affordable homes in Eugene Springfield, give me a call at 517-6543.