The Dunnican AdVantage

Homeownership is a Cornerstone of the American Dream

In the United States, the concept of homeownership as part of the American Dream is very much alive and well.
Posted by Cindy Dunnican on March 15, 2019 in  American Dream  Building Wealth  Buying A Home  Home Ownership  Rent vs. Buy
Homeownership is a Cornerstone of the American Dream “The rumors of my death are greatly exaggerated.” The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash, that percentage continued to fall for the next ten years. That led to speculation that homeownership was no longer seen as a major component of the American Dream. That beli... read more
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4 Reasons to Buy a Home in the Spring

If you are planning to buy home this year, buying sooner rather than later could lead to substantial savings.
Posted by Cindy Dunnican on March 11, 2019 in  Affordability  Building Wealth  Buyer Resources  Buying A Home  Home Prices
4 Reasons to Buy a Home in the Spring Spring has sprung, and it’s a great time to buy a home! Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 4.4% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.6% over the next year. Home values will continue to appreciate for years. Waiting no longer makes sense. 2... read more
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What are the Benefits of Becoming a Homeowner?

Homeownership is not just a roof over your head! It represents shelter, stability, wealth, and pride!
Posted by Cindy Dunnican on February 26, 2019 in  Building Wealth  Buying A Home  First Time Home Buyer  Home Ownership
What are the Benefits of Becoming a Homeowner? Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner for the first time! Why is this date important? Homeownership is not just a roof over your head! It represents shelter, stability, wealth, and pride! For decades, homeownership has been an important part of the American Dream! Howe... read more
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How Can I Increase My Family’s Net Worth?

Numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter.
Posted by Cindy Dunnican on February 25, 2019 in  Building Wealth  Buying A Home  Owning A Home  Rent vs. Buy
How Can I Increase My Family’s Net Worth? Every three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013). These numbers reveal that the net worth of a homeowner is ... read more
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Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One!

If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.
Posted by Cindy Dunnican on February 18, 2019 in  Building Wealth  Buying A Home  Financial Investment  Home Ownership  Rent vs. Buy
Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One! In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went on to explain: “Homeowners are worth 40 times more than renters. Now, that first home doesn’... read more
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