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Building Wealth Through Homeownership

Listed on Listed by MLS#
Beds Baths Sq.Ft.
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Share: <a href="https://facebook.com/sharer/sharer.php?u=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://twitter.com/intent/tweet?url=&text=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://www.linkedin.com/shareArticle?mini=true&url=&title=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="mailto:?subject=&body=" style="margin-left: 10px; color: #666;">
ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

Building Wealth Through Homeownership: A Financial Comparison

Wealth Building Through Real Estate

Key Highlights

40x Higher Net Worth

Homeowners build significantly more wealth than renters, with the average homeowner’s net worth being 40 times higher than a renter’s.

Two Ways to Build Equity

  • Through monthly mortgage payments
  • Through property value appreciation

Available Assistance

Various programs and options are available to help make homeownership possible, including down payment assistance and first-time buyer programs.

Renting

  • ❌ Monthly payments build no equity
  • ❌ No property value appreciation
  • ❌ No tax benefits
  • ❌ Limited control over your living space
  • ❌ Rent payments may increase annually

Buying

  • ✓ Build equity with each payment
  • ✓ Benefit from property appreciation
  • ✓ Potential tax advantages
  • ✓ Freedom to customize your home
  • ✓ Fixed mortgage payments available

Ready to Start Building Wealth Through Homeownership?

Let me help you explore your options in the Henderson and Las Vegas area. With over 30 years of experience, I can guide you through the process and help you find the perfect home investment.

Schedule a Consultation
Learn About Buyer Programs

Dr. Jan Duffy

Your Henderson Luxury Real Estate Expert

(702) 500-1955

Available Daily: 6:00 AM – 9:00 PM

Should You Sell Your House or Rent It Out?

Listed on Listed by MLS#
Beds Baths Sq.Ft.
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Share: <a href="https://facebook.com/sharer/sharer.php?u=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://twitter.com/intent/tweet?url=&text=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://www.linkedin.com/shareArticle?mini=true&url=&title=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="mailto:?subject=&body=" style="margin-left: 10px; color: #666;">
ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

Should You Sell or Rent Your Property?

Make an informed decision with expert guidance from Dr. Jan Duffy

66%

Sellers Consider Renting

28%

Serious About Renting

19%

Increase Since 2021

Current Market Trends

Market Distribution

Selling (40%)

Both (32%)

Renting (28%)

Year-over-Year Growth

2021 2024

Property Assessment Checklist

Rental Readiness




Financial Readiness




ROI Comparison Calculator

Rental Scenario




Sale Scenario




Henderson Market Insights

Rental Market

  • Average Rent: $2,500
  • Vacancy Rate: 3.2%
  • YoY Growth: 8.5%

Sales Market

  • Median Price: $450,000
  • Days on Market: 45
  • YoY Appreciation: 7.2%

Investment Metrics

  • Cap Rate: 5.8%
  • Cash on Cash: 8.2%
  • Price to Rent: 15.8

Making Your Decision

Reasons to Sell

  • ✓ Immediate equity access
  • ✓ No ongoing responsibilities
  • ✓ Simplified taxes
  • ✓ Capital for new investments
  • ✓ Clean break opportunity

Reasons to Rent

  • ✓ Passive income stream
  • ✓ Property appreciation
  • ✓ Tax advantages
  • ✓ Portfolio diversification
  • ✓ Future sale flexibility

Get Expert Guidance

Schedule a consultation with Dr. Jan Duffy to analyze your specific situation and make the best decision for your property.


Schedule Consultation


Request Market Analysis

Dr. Jan Duffy

Your Henderson Luxury Real Estate Expert

(702) 500-1955

Available Daily: 6:00 AM – 9:00 PM

3185 St Rose Pkwy, Suite 101, Henderson, NV 89052

More Homes, Slower Price Growth – What It Means for You as a Buyer

Listed on Listed by MLS#
Beds Baths Sq.Ft.
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Share: <a href="https://facebook.com/sharer/sharer.php?u=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://twitter.com/intent/tweet?url=&text=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://www.linkedin.com/shareArticle?mini=true&url=&title=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="mailto:?subject=&body=" style="margin-left: 10px; color: #666;">
ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy. Let’s look at two reasons why.

You Have More Options To Choose From

An In certain markets, the number of available homes has not only bounced back to normal, but has even surpassed pre-pandemic levels. In those areas, home price growth has slowed or stalled completely. As Lance Lambert, Co-Founder of ResiClub, explains :

“Generally speaking, housing markets where active inventory has returned to pre-pandemic 2019 levels have seen home price growth soften or even decline outright from their 2022 peak.”

Slower or stalled price growth could give you a better chance of finding something within your budget. As Dr. Anju Vajja, Deputy Director at the Federal Housing Finance Agency (FHFA), says:

“For the third consecutive month U.S. house prices showed little movement . . . relatively flat house prices may improve housing affordability.”

But remember, inventory levels and home prices are going to vary by market.

So, having a real estate agent who knows the local area can be a big advantage. They can help you understand the trends in your community, which can make a real difference in finding a home that fits your needs and budget.

Bottom Line

More housing options – and the slower home price growth they bring – can help you find and buy a home that works for your lifestyle and budget. So don’t hesitate to reach out to a local real estate agent if you want to talk about the growing number of choices you have right now.

More Homes, Slower Price Growth – What It Means for You as a Buyer

Listed on Listed by MLS#
Beds Baths Sq.Ft.
<?php $category_links = array(); foreach ($categories as $category) { $category_links[] = 'term_id)) . '" style="color: #666; text-decoration: none;">' . esc_html($category->name) . ''; } echo implode(', ', $category_links); ?>
Share: <a href="https://facebook.com/sharer/sharer.php?u=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://twitter.com/intent/tweet?url=&text=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://www.linkedin.com/shareArticle?mini=true&url=&title=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="mailto:?subject=&body=" style="margin-left: 10px; color: #666;">
ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy. Let’s look at two reasons why.

You Have More Options To Choose From

An In certain markets, the number of available homes has not only bounced back to normal, but has even surpassed pre-pandemic levels. In those areas, home price growth has slowed or stalled completely. As Lance Lambert, Co-Founder of ResiClub, explains :

“Generally speaking, housing markets where active inventory has returned to pre-pandemic 2019 levels have seen home price growth soften or even decline outright from their 2022 peak.”

Slower or stalled price growth could give you a better chance of finding something within your budget. As Dr. Anju Vajja, Deputy Director at the Federal Housing Finance Agency (FHFA), says:

“For the third consecutive month U.S. house prices showed little movement . . . relatively flat house prices may improve housing affordability.”

But remember, inventory levels and home prices are going to vary by market.

So, having a real estate agent who knows the local area can be a big advantage. They can help you understand the trends in your community, which can make a real difference in finding a home that fits your needs and budget.

Bottom Line

More housing options – and the slower home price growth they bring – can help you find and buy a home that works for your lifestyle and budget. So don’t hesitate to reach out to a local real estate agent if you want to talk about the growing number of choices you have right now.

What’s Motivating Homeowners To Move Right Now

Listed on Listed by MLS#
Beds Baths Sq.Ft.
<?php $category_links = array(); foreach ($categories as $category) { $category_links[] = 'term_id)) . '" style="color: #666; text-decoration: none;">' . esc_html($category->name) . ''; } echo implode(', ', $category_links); ?>
Share: <a href="https://facebook.com/sharer/sharer.php?u=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://twitter.com/intent/tweet?url=&text=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="https://www.linkedin.com/shareArticle?mini=true&url=&title=" target="_blank" rel="noopener noreferrer" style="margin-left: 10px; color: #666;"> <a href="mailto:?subject=&body=" style="margin-left: 10px; color: #666;">
ID, 'property_price', true); $beds = get_post_meta($post->ID, 'property_beds', true); $baths = get_post_meta($post->ID, 'property_baths', true); $sqft = get_post_meta($post->ID, 'property_sqft', true); $mls = get_post_meta($post->ID, 'property_mls', true); ?>
<input type="number" id="property_price" name="property_price" value="" style="width: 100%;">
<input type="number" id="property_beds" name="property_beds" value="" style="width: 100%;">
<input type="number" id="property_baths" name="property_baths" step="0.5" value="" style="width: 100%;">
<input type="number" id="property_sqft" name="property_sqft" value="" style="width: 100%;">
<input type="text" id="property_mls" name="property_mls" value="" style="width: 100%;">
<?php } // Save property meta data function bhhs_save_property_meta($post_id) { // Check nonce if (!isset($_POST['bhhs_property_details_nonce']) || !wp_verify_nonce($_POST['bhhs_property_details_nonce'], 'bhhs_property_details')) { return; } // Check autosave if (defined('DOING_AUTOSAVE') && DOING_AUTOSAVE) { return; } // Check permissions if (!current_user_can('edit_post', $post_id)) { return; } // Save meta data $meta_fields = array( 'property_price', 'property_beds', 'property_baths', 'property_sqft', 'property_mls' ); foreach ($meta_fields as $field) { if (isset($_POST[$field])) { update_post_meta($post_id, $field, sanitize_text_field($_POST[$field])); } } } add_action('save_post', 'bhhs_save_property_meta');

Over the past few years, some homeowners have decided to delay their move because they don’t want to sell and take on a higher mortgage rate on their next home. Maybe you’re thinking the same thing. And honestly, that’s no surprise. It’s a very common roadblock and is one of the biggest factors that’s kept the number of homes on the market so low for so long.

But a growing number of homeowners are deciding they just can’t wait any longer. Often, it’s because of personal or lifestyle change. As Redfin explains:

“Some homeowners are opting to bite the bullet and give up their low rate in order to move. Many are selling because a major life event like a job change, or divorce . . .”

If you’re weighing the decision to move, take a look at some of the top reasons others are choosing to sell. You might find those are reason enough for you to move now, too.

It’s Time for a Change

A new job in a different city, a desire to be closer to family, or simply wanting a change of scenery can all spark the need to sell.

Let’s say you’ve landed a great job offer that requires relocating, listing your current home quickly may be the next logical step.

There’s Just Not Enough Space in Your Current House

Sometimes, your current home just doesn’t fit your lifestyle anymore. A growing family, the need for a home office, or more room for entertaining can all drive the decision to upgrade to a larger space.

As an example, if you live in a condo and have a baby on the way, selling might be the next best move so you can find a larger home that suits your needs.

Retirement or Wanting To Downsize

On the flip side, some homeowners are ready to downsize. This could be due to children moving out, retirement, or simply wanting less to maintain.

If you’re newly retired and dreaming of a simpler lifestyle, downsizing to a smaller home could free up both time and resources to enjoy this new chapter of life.

Changes in Relationship Status

Big changes like divorce, separation, or marriage often lead to a need for new living arrangements.

If you just went through a divorce, selling the house you once shared may allow both of you to move forward and find a living situation that works better for you now.

Health and Mobility Needs

Health concerns, especially those that affect mobility, can also drive the decision to sell. A home that once worked well might no longer suit your needs.

If this sounds like your experience right now, selling your current home to move into a more accessible space, or even using the proceeds for assisted living, could significantly improve your quality of life.

Bottom Line

Selling your home isn’t just about market conditions or mortgage rates—it’s also about making the best decision for your lifestyle and future. As Bankrate says:

“Deciding whether it’s the right time to sell your home is a very personal choice. There are numerous important questions to consider, both financial and lifestyle-based . . . Your future plans and goals should be a significant part of the equation.”

 

If a major life change has you thinking about moving, now might still be the right time to sell. Work with a trusted real estate professional to help you navigate the process.

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