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Rising Prices Help You Build Your Family’s Wealth

Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.

So, what does this mean for homeowners and their equity position?

As an example, let’s assume a young couple purchased and closed on a $250,000 home this January. If we only look at the projected increase in the price of that home, how much equity will they earn over the next 5 years?

Rising Prices Help You Build Your Family’s Wealth | MyKCM

Since the experts predict that home prices will increase by 5.0% in 2018, the young homeowners will have gained $12,500 in equity in just one year.

Over a five-year period, their equity will increase by over $48,000! This figure does not even take into account their monthly principal mortgage payments. In many cases, home equity is one of the largest portions of a family’s overall net worth.

Bottom Line

Not only is homeownership something to be proud of, but it also offers you and your family the ability to build equity you can borrow against in the future. If you are ready and willing to buy, find out if you are able to today!

Get the info that you want - right now!

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About Area

Blairsville, Georgia is the county seat of Union County, in the Northeast Georgia mountains, and is the place to be for outdoor fun. Nearly two-thirds of Union County is in the Chattahoochee National Forest. It includes Georgia's highest point, Brasstown Bald (with a visitors' center at the summit), Vogel State Park (the oldest and most popular state park in Georgia), and the Richard Russell Scenic Byway. There are many exciting destinations in and around Blairsville, like Meeks Park, Butternut Creek Golf Course, Lake Nottely, Helton Creek Falls. The county recently completed construction on a multi-million dollar facility at Butternut Creek Golf Course which acts as a pro shop, grill, Chamber of Commerce, and a gorgeous reception area that can be rented for an type of event. It sits above the golf course and offers an incredible view. In 2011, Blairsville was designated as an official Appalachian Trail Community. This designation recognizes Blairsville for its part in promoting awareness of the Appalachian Trail as an important national and local resource. In 2007 Blairsville was recognized as a Georgia Better Hometown, largely due to the community volunteer efforts of the Downtown Development Authority of Blairsville. Blairsville has many dedicated individuals and organizations that work together to make the city a great place to live. Welcome to Blairsville, Georgia!

Featured Properties

303 HELTON CREEK RD,
Blairsville

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  • 2 Bedrooms
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186 SHEAWOOD WAY,
Blairsville

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43 LITTLE BEASLEY,
Blairsville

  • 3 Bathrooms
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