Houston Real Estate Blog

Building Wealth Through Home Ownership

Building Wealth Through Home Ownership

How Owning a Home Grows Your Wealth with Time Owning a home has the potential to grow your wealth over time through several key mechanisms: 1. Home Equity: As you make mortgage payments, a portion goes towards reducing the principal balance. This ...

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Saving for a Down Payment?

Saving for a Down Payment?

The graph above highlights the misconception that a 20% down payment is required to purchase a home. However, according to the National Association of Realtors (NAR), the median down payment for all homebuyers today is only 14%, and for first-time ...

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A Drop in Equity Doesn't Mean Low Equity

A Drop in Equity Doesn't Mean Low Equity

A Drop in Equity Doesn’t Mean Low Equity You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect ...

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