Welcome to the TooeleHomes4Sale.com Blog

2015-10-28 07:13:46
Your Tooele UT Home Is A Great Investment


I posted this last week about your Tooele home being a great investment. It was shared with me by Keeping Current Matters. Wanted to pass the information on, so that as families consider the pros and cons of buying a new Tooele house, they will think of that purchase as more than just getting a place to live.

Just think about it.

The interest paid on bank savings accounts is almost nothing. The stock market has been volatile and has cost investors a bundle over the last few years. While real estate took a hit recently and much equity was lost, those that continued to service that debt have recovered what they lost and then some.

Read what KCM has to say below and then scroll down to see what I have to say about leveraging your Tooele property, and how the value of Tooele houses has increased for their owners.


Family Wealth Grows as Home Equity Builds | Keeping Current Matters


With residential real estate values rising quite substantially in most parts of the country over the last few years, many homeowners are seeing a major increase in their family’s wealth as equity continues to build in their house.


A recent study by the Joint Center of Housing Studies at Harvard University revealed that home equity grew nicely last year and has grown dramatically over the last five years…


Inflation & Home Equity | Keeping Current Matters


Buyers looking today may not see the same build-up in equity but could still do quite well.


Let’s assume you went into contract in the next six weeks and closed on a $250,000 home in January. If we take the house value projections from the last Home Price Expectation Survey, here is how your equity would grow over the next four years:


Home Price Expectation Survey Equity | Keeping Current Matters


Bottom Line


Homeownership has historically been a great way for the average American family to build wealth over time.

Let's see how this chart breaks down for a make believe buyer in Tooele County, using the average price of a house in the county at around $200,000 (anticipated @ end of year), and a 4% appreciation rate.

  • January 2016     $200,000 Value of investment in Tooele home beginning.
  • January 2017     $208,000
  • January 2018     $216,320
  • January 2019     $224,973
  • January 2020     $233,972 Worth of home in Tooele County after 5 years.

So, after 5 years of home ownership, in this very modest scenario our fictitious home buyer has increased their wealth by almost $34,000.

I can't think of any other ways to invest that will return that kind of reward. Can you?

What if houses don't increase in value as we have suggested here? So what! You had to pay to live somewhere.

Want to know more? Call me, Berna Sloan 435-840-5029, Let me talk to you about real estate and about why your Tooele UT home is a great investment.



Blog Archive
2017-08-04 14:55:26
I hold these truths be self evident...Do you?

2017-08-03 13:37:52
For Tooele Real Estate Info Follow Berna on Face Book

2017-08-01 14:46:57
Tooele Market Report l Not Sure Anything New

2017-07-23 16:29:47
Good Articles About Tooele County Real Estate

2017-07-08 11:10:25
Purchasing A House With Well Water In Tooele UT

2017-07-03 10:04:18
How Tooele County Utah House Sales compare

2017-06-20 05:46:38
About Tooele Real Estate Week # 24

2017-06-05 06:13:41
4 Things to Know about Buying New Construction In Tooele Utah

2017-06-03 13:02:03
Have Your Agent Answer These Questions

2017-06-03 10:18:35
Real Estate Info in Tooele County Utah

2017-05-23 16:36:22
More Important Real Estate Information About Tooele County

2017-05-01 10:50:14
On the fence about selling in Tooele County? Jump!

2017-04-30 10:52:44
Week #17 Post About Tooele Real Estate

2017-04-26 13:43:39
What Does Solar Do To Home Values in Tooele UT

2017-04-24 13:27:55
Appraisals Can Be An Issue in a Hot Market

2017-04-22 09:32:18
Week #16 in Tooele County Real Estate

2017-04-22 09:13:05
Look At Buying a Home Now or Later in Tooele UT

2017-04-22 09:03:55
5 Reasons To Sell Your Tooele County Home

2017-04-18 06:10:55
New Home Construction in Stansbury Park UT Heating

2017-04-16 11:09:28
Get 100% Financing in Tooele UT With VA Loans

2017-04-11 12:57:56
Wondering How You Can Buy A Home in Tooele UT

2017-04-10 11:04:10
Tooele Utah Real Estate Information

2017-04-08 08:05:06
Big Week in Tooele County Real Estate #14

2017-04-07 16:33:38
VA Loans in Tooele For 100% Financing

2017-04-05 10:40:08
Grantsville Utah Homes Selling Fast

Click here to see ALL articles.

Comment on this Article

Your Name:
Your Email:
Verify:  Please enter the numbers shown to help eliminate spam.