Naples and across the US Home-ownership Still Vital to Build Wealth
According to the DAILY REAL ESTATE NEWS homeownership remains a major component to financial security and continues to be the largest asset of most households in the U.S. Primary residences account for a quarter of all household wealth, according to data from the Board of Governors of the Federal Reserve System’s Survey of Consumer Finances.
“Homeownership is a primary source of net worth for many Americans and is a crucial step in accumulating personal financial assets over the long term,”says Randy Noel, chairman of the National Association of Home Builders.
In the fourth quarter of 2017, households in the U.S. saw a record $14.4 trillion of equity in their homes. However, the homeownership rate in recent years has slipped below its 25-year average. In the fourth quarter, it was at 64.2 percent compared to its historical average of 66.3 percent.
To discuss how ownership of real estate can help you build wealth, please give me a call at 239-273-4006. I look forward to hearing from you and being of service.
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Fay Bamond, PA, Broker Associate, provides buyers and sellers in-depth local knowledge, technological tools and exposure needed to effectively meet their individual objectives. A proud native Floridian with extensive experience in the real estate industry, Fay earned a Bachelor of Science degree in Communications from Florida State University. Her heightened interviewing and listening skills allow Fay to gain a full understanding of her client’s unique needs. Fay effectively translates those needs to successful marketing campaigns, targeted home searches and skilled contract negotiations. Because no two buyers or sellers are the same, Fay provides personal service tailored to everyone’s specific criteria. Fully aware of factors th at impact the Florida market and property values, trends and product availability, Fay successfully navigates market changes to yield the most favorable results for her clients. Knowledge, flexibility, responsive action all presented with a personal touch and attention to detail are the mainstay of Fay’s superior service.
Fay holds several special designations awarded either by the State of Florida Department of Professional Regulations or National Association of Realtors. These include the Senior Real Estate Specialist designation, the Short Sale and Foreclosure Resource Specialist designation, the ePro certification awarded for technological expertise and Fay is also a member of the Institute of Luxury Marketing, specializing in the sale and purchase of high-end luxury properties. As a Broker Associate, Fay has an advanced understanding of the principles of Florida Real Estate including property transfer, market conditions, compliance with Federal and State laws regarding disclosure, equal opportunity, property management, commercial transactions, appraising, mortgage financing and development and construction. Fay is a multiyear recipient of local industry awards for her superior knowledge and customer service in the real estate profession. Also, as licensed Florida Building Contractor Fay understands issues related to structure design and construction.
Regardless of your stage in life or personal real estate goals and needs , Fay can provide the solutions and results you require. Give Fay a call, you will be glad you did.
Office Phone: 239-300-2063
Cell Phone: 239-273-4006
How is the Real Estate Market doing in Naples and the surrounding area
According to the Chief Economist at Realtor.com, the 2019 real estate
Tips For Selling Your Home Posted by Shawn and Julie Hyland on 6/10/20
Naples and across the US Home-ownership Still Vital to Build WealthAc
"Fay was professional, responsive and above all, trustworthy. It's difficult and unnerving to be 1300 miles away when your house is being built, but Fay was there and asked all the right questions of the builders and relayed that information back to me. She asked questions on my behalf that I hadn't even thought about and I felt from the beginning she had my back. Fay went far beyond my expectations and I would recommend her to anyone for their real estate transactions. "
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