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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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A New Housing Bubble Forming…Not Before 2024!

The reason for the price appreciation we are seeing is an imbalance between supply and demand for housing. This has created a natural increase in values, not a bubble in prices.

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About Area

Mother Nature reigns supreme in the beautiful mountain town of Blairsville, located in the Appalachian Mountains. Delight in the explosion of autumn leaf color in the mountains or cuddle up in a cozy cabin during the winter. Outdoor lovers can hike endless trails, no matter the season; see breathtaking views atop Brasstown Bald, Georgia’s highest elevation; visit rushing waterfalls and relax on serene Lake Nottely. Enjoy horseback riding, golfing, and antiquing year round or plan your trip around one of many unique festivals. Blairsville's Town Square is frequently the venue for annual events such as the Downtown Spring Arts & Crafts Festival, the Memorial Day Parade, the Green Bean Festival, the Bluegrass Festival, the Sorghum Parade, Hometown Halloween on the Square, and the Christmas Parade. Everyone is invited to these family oriented celebrations! The homes around Blairsville are just as unique and wonderful as its residents. The abundant natural beauty all around acts as inspiration, so that no matter the price range, many quality homes in breathtaking settings are available. Blairsville 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. The school system for Blairsville students, Union County Schools, are now recognized as one of Georgia’s Charter Schools, and has been named an “Outstanding School District” by Standard and Poors. Blairsville is an idyllic mountain town where nature is celebrated and good people are abundant.

Featured Properties

59 LOW CREEK LANE,
Blairsville

  • 2 Bathrooms
  • 3 Bedrooms
  • $ 625000

1330 JONES CREEK ROAD,
Blairsville

  • 3 Bathrooms
  • 3 Bedrooms
  • $ 699900

111 SKEENAH HIGHLAND RD,
Blairsville

  • 2 Bathrooms
  • 3 Bedrooms
  • $ 99900

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