Contact: Wendy L.A. Norem
Shorewest, Realtors
262/827-4111, ext. 232
wnorem@shorewest.com
Check Out Shorewest’s Open Houses This Weekend
Brookfield, WI. Eight in 10 adults agree that owning a home is the best long-term investment a person can make, according to a recent nationwide Pew Research Center survey. This clearly indicates the value that Americans continue to place on home ownership.
A strong majority of renters surveyed in the Pew Research Center study said they would prefer to one day buy a home. In addition, respondents rated being able to own a home as their top long-term financial goal followed by being able to live comfortably in retirement, pay for a child’s college education, and leave inheritance for children.
To help potential home buyers realize their dream of owning a home, Shorewest Realtors® is participating in the Realtor® Nationwide Open House Weekend being held this weekend. Shorewest Realtors® will be hosting numerous open houses throughout the area while sharing the many benefits of home ownership to families, communities and the economy.
“Owning a home creates a sense of freedom and accomplishment. It also provides family stability and encourages community involvement,” said Joseph A. Horning, President of Shorewest Realtors®.
One of the best ways to build long-term wealth is owning a home, according to Realty Times. Owning a home has an average appreciation rate of around 6.5 percent a year under normal economic conditions. So a home purchased for $100,000 could potentially sell for around $174,000 after 10 years.
Homeownership also provides both equity accumulation and tax benefits. Home equity, the value of a property minus what is owed on the property accrues gradually as a property increases in value over time. Homeowners can leverage equity to establish lines of credit, which can be used to make repairs or upgrades to their homes.
Shorewest Realtors® will hold more than 650 open houses <http://www.shorewest.com/vp/SearchServlet?ListingSearch=TRUE&SITE=SHOREW&ScreenID=SEARCH_LISTING_POPEN> throughout Wisconsin this weekend. Sales associates are ready to answer questions about the local housing market and the home buying and selling process.
For information about Shorewest Open Houses <http://www.shorewest.com/vp/SearchServlet?ListingSearch=TRUE&SITE=SHOREW&ScreenID=SEARCH_LISTING_POPEN> in your area, visit http://www.shorewest.com .
Since its inception in 1946, Shorewest, Realtors® has been a family-owned company dedicated to helping families in Wisconsin. Hard work and a commitment to excellence allow us to provide our clients with unsurpassed customer service.
Today, Shorewest has grown to include 23 offices, a family of over 1,400 people, and services in relocation, mortgage, title, closing, home services and insurance. Shorewest, Realtors® is Wisconsin’s largest home seller and currently controls more than 27% of the metro-Milwaukee Real Estate Market™, according to Metro Milwaukee MLS.
Offering innovative, unsurpassed services and technologies such as its 24-hour Shorewest TV channel, Home Services coordinators, apps for smart phones, user-friendly bilingual hotline and comprehensive website, Shorewest is an industry leader in providing customer satisfaction. Shorewest, Realtors® also specializes in marketing fine homes. As a member of the Leading Real Estate Companies of the World™, we are part of Luxury Portfolio, which features the most comprehensive spread of luxury-tier properties on the web.
