In the past, owning a home has always been perceived as a major component of the “American Dream.” Unfortunately, because of the recent real estate market activity, home-ownership is often seen now as more of a nightmare than a dream. But that doesn’t have to be the case! Even in a slower economy, purchasing Bradley Beach NJ real estate can still be a step toward achieving your own “American Dream!”
Inman News offers some reasons why home ownership still has benefits and advantages, including:
- The opportunity to build equity and create wealth over time.
- Protection from rent increases or eviction at the whim of a landlord.
- The pleasures of a relatively larger home, suitable for a family, and with a backyard, garage or other auxiliary space.
- The freedom — design review boards notwithstanding — to improve, remodel or redecorate to suit one’s own style and budget.
- A variety of lucrative income-tax breaks.
- Pride of ownership and a greater sense of security and stability.
So, if you are thinking of purchasing Bradley Beach NJ real estate, now is the time! Don’t let the negative media attention on the market get you down – home ownership is still an attainable goal and a big part of the American Dream.