We have talked in the past how buying a home today, creates wealth for the homeowner tomorrow.
Take for example the figures below. If you purchased a home for $250,000 today, and with an average
increase in value of 3.8% per year, (Jackson County 2017, 7% gain , Josephine County 2017 13% gain in value)
by 2023 that same home would be valued at $294,905 a gain in equity of $44,905. All you have to do as a homeowner is keep the property in good condition. Not a bad investment, especially in So Oregon, where values are rising don’t you think?