Your Home Is a Powerful Investment
Your Home Is a Powerful Investment March 14, 2024 Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash. Some in the media were even forecasting home prices would drop by as much as 10-20%—and that might have made you feel a bit unsure about buying a home. But here’s what actually happened: home priceswent up more than usual. Brian D. Luke, Head of Commodities at S&P Dow Jones Indices, explains: “Looking back at the year, 2023 appears to have exceeded average annual home price gains over the past 35 years.” To put last year’s growth into context, the graph below uses data from Freddie Mac on how home prices have changed each year going back to 1980. The dotted line shows the long-term average for appreciation: The big takeaway? Home prices almost always go up. As an article from Forbes says: “. . . the U.S. real estate market has a long and reliable history of increasing in value over time.” In fact, since 1980, the only time home prices dropped was during the housing market crash (shown in red in the graph above). Fortunately, the market today isn’t like it was in 2008. For starters, there aren’t enough available homes to meet buyer demand right now. On top of that, homeowners have a tremendous amount of equity, so they’re on much stronger footing than they were back then. That means there won’t be a wave of foreclosures that causes prices to fall. The fact that home values went up every single year except those four in red is why owning a home can be one of the smartest moves you can make. When you’re a homeowner, you own something that typically becomes more valuable over time. And as your home’s value appreciates, your net worth grows. So, if you’re financially stable and prepared for the costs and expenses of homeownership, buying a home might make a lot of sense for you. Bottom Line Home prices almost always go up over time. That makes buying a home a smart move, if you’re ready and able. Let's connect to talk about your goals and what’s available in our area.
Escape to Tranquility: The Enchanting "Tombstone Ranch" in Huntsville
Looking for a serene getaway surrounded by nature's beauty? Look no further than the enchanting "Tombstone Ranch" nestled on five acres of land in Huntsville, Arkansas. With its close proximity to the Turpentine Creek Wildlife Refuge and being just eight miles away from the picturesque town of Eureka Springs, this property offers the perfect retreat for those seeking tranquility and adventure.As you approach the residence through a private driveway, you will be greeted by breathtaking views that instantly transport you to a world of serenity. The home itself boasts soaring ceilings adorned with wooden detailing, creating a warm and inviting ambiance from the moment you step inside. The expansive eat-in kitchen is a chef's dream, featuring a functional layout, three ovens, granite countertops, and plenty of storage space. The main level offers a cozy living area, a spacious family room, and a luxurious stone bathroom. Upstairs, you'll find three additional bedrooms, two bathrooms, and bonus space, providing ample room for family, friends, or guests.Step outside and immerse yourself in the property's outdoor oasis. Relax by the sparkling pool, unwind in the hot tub, or gather around the captivating stone fireplace for an evening of storytelling and stargazing. The entertainment and seating areas offer the perfect setting for hosting social gatherings or simply enjoying the serene surroundings.In addition to the main residence, this property features an expansive three-car garage with heating and cooling, providing plenty of space for vehicles and storage. A separate shop building offers even more storage options, making it ideal for those with hobbies or entrepreneurial ventures.Beyond its tranquil charm, "Tombstone Ranch" presents a unique investment opportunity. Currently operating as a sought-after Airbnb, this property appeals to both those seeking a self-sufficient lifestyle and astute investors. With its secluded surroundings and proximity to popular attractions, it offers endless potential for rental income and a wise investment.If you crave a life of peace and self-reliance, or if you're searching for a lucrative real estate investment, "Tombstone Ranch" is the perfect opportunity for you. Don't miss out on this enchanting retreat that promises a life of tranquility and a haven away from the hustle and bustle of everyday life.
Stunning Home in Desirable Shadow Valley Community
Welcome to 6607 W Inverness Drive, Rogers, AR 72758, a remarkable property nestled in the sought-after Shadow Valley Subdivision. With a listing price of $525,000, this three-bedroom, three-bathroom home offers a perfect blend of elegance, functionality, and a serene lakefront setting. Upon entering this stunning abode, you will immediately notice the impeccable maintenance and attention to detail. The main level boasts an open office space, ideal for those who work remotely, as well as a formal dining room, perfect for hosting gatherings with family and friends. One of the highlights of this home is the primary suite, featuring tray ceilings, direct access to the back deck, a lovely en-suite bathroom, and a spacious walk-in closet. Imagine waking up and enjoying a cup of coffee on your private deck. Upstairs, a spacious bonus room awaits, offering endless possibilities. Whether you envision it as an additional bedroom, a workout area, or a cozy theater room, the choice is yours. This flexible space provides ample room to cater to your specific needs and lifestyle. Stepping outside, you'll be captivated by the beauty of the deck overlooking the tranquil Lake Inverness. With gated access to the lake in the backyard, you can indulge in the serenity right from the comfort of your own home. In addition to its stunning features, this home also offers practicality and long-term value. An oversized two-car garage provides ample space for your vehicles and storage needs. The newer roof, HVAC system, carpet, and water heater ensure that you can move in with peace of mind, knowing that these essential components have already been taken care of. Living in this Shadow Valley home means you'll have access to the amazing amenities the community has to offer. From golfing on the acclaimed Shadow Valley Golf Course to enjoying the clubhouse, pool, and tennis courts, there is no shortage of activities to keep you entertained. Additionally, the convenient location in the heart of Northwest Arkansas ensures easy access to shopping, dining, and entertainment options. Don't miss the opportunity to make this exquisite lakefront property your dream home. With the seller offering $5,000 towards the buyer's interest rate buy down, closing costs, escrow, and prepaid items, now is the perfect time to make this move. Embrace a lifestyle of luxury and tranquility in the highly desirable Shadow Valley Subdivision.
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