Carole & Jenna Rose Madrid
Carole & Jenna RoseMadrid

Top Producing Agents
Founding Partners Incline Village
Carole (775) 848-6242 |  Jenna Rose (775) 846-3856
  • Home
  • Search Properties
    • Incline Village Neighborhoods
    • Search Incline Village >>
      • Condos for Sale
      • Lakefront Homes for Sale
      • Lakeview Homes for Sale
      • Golf Course Homes for Sale
      • Low Elevation Homes for Sale
    • Featured Listings
    • E-mail Notification Sign Up
  • Buyers & Sellers
    • Buyer Information
    • What’s My Home Worth
    • Market Reports
    • Sold Listings
  • Lake Tahoe Info
    • About Lake Tahoe
    • About Incline Village
    • Restaurants
    • Beaches
  • About
    • About Carole
    • About Jenna Rose
    • Interior Design Resources
    • Newsletter
    • Client Testimonials
    • Carole & Jenna in the News
  • Blog
  • Contact Us
Home > Owning Incline Village, NV Real Estate Is a Great Way To Build Personal Wealth

Owning Incline Village, NV Real Estate Is a Great Way To Build Personal Wealth

May 15, 2020 by cmadrid Leave a Comment

With so many people being forced to shelter in place, the idea of home has changed for a lot of people. Instead of buying based on short term needs, people are thinking about their long-term goals. Investing in Incline Village, NV real estate is a great purchase because a mortgage acts sort of like a forced savings plan. Every time you make a payment, you gain equity. Whereas rent is basically thrown away each month.

Homeowners have gained substantial equity over the past year with a lot of sellers sitting on large amounts of money in their Incline Village, NV real estate. While some may expect the housing market to crash with the current pandemic, the truth of the matter is demand for Incline Village, NV is still high while inventory is still low and houses are still holding their value. Which means now is a great time to buy homes for sale in Incline Village, NV. For a majority of families, their largest financial asset is their home. Every time they make a mortgage payment, they build their personal wealth while a renter is simply building the net worth for someone else.

“The CoreLogic Home Price Index recorded a quickening of home price gains during the fourth quarter of 2019, helping to boost home equity wealth. The average family with a mortgage had a $7,300 gain in home equity during the past year, and a total of $177,000 in home equity wealth.”Frank Nothaft, Chief Economist for CoreLogic 

Prices for homes for sale in Incline Village, NV may moderate during this pandemic but once a vaccine or cure is available, experts predict that values will begin to appreciate at the rate we saw prior to Covid-19. This means now is a great time to purchase and take advantage of the incredibly low mortgage rates. Not only does owning homes for sale Incline Village, NV add to your family’s personal wealth, but you have flexibility with your property: you can live in it year round, you can rent it long term or for a seasonal ski lease and use it for a chunk of time, or vacation rent it and use it when it is vacant. For more information on buying, feel free to reach out. We would be happy to help!

Filed Under: Buyers, Incline Village Real Estate, Real Estate News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Time limit is exhausted. Please reload CAPTCHA.

Protected by WP Anti Spam

New ListingNotifications

  • Email Alerts for New Homes
  • Save Your Favorites
  • Price Change Notifications
  • Plus More...
Sign Up

What's YourHome Worth?

Find Out

Categories

  • Activities & Events
  • Buyers
  • Carole & Jenna in the News
  • Incline Village Real Estate
  • Lake Tahoe News
  • Living in Lake Tahoe
  • Market Reports
  • New Listings and Listings
  • Real Estate News
  • Sellers
  • Sold Properties
  • Uncategorized

Client Testimonials

"Summary of their experience: We are very pleased with efforts Carole has made in selling our home. She is very professional and knowledgeable. We have... continued"
- Zillow Review by: Debra & Stu Fishman
View All

Listing Notifications

Sign Up! New listings delivered to your inbox!
Sign Up Now

Stay Connected

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
Carole & Jenna Rose Madrid

Incline Village Now

#1 Top Producing Agents

Carole Madrid – The Madrid Group

Founding Partner Incline Village – S NV#023133
(775) 848-6242

Meet Carole

Jenna Rose Madrid – The Madrid Group

Founding Partner Incline Village – BS NV#014577
Certified Residential Specialist
(775) 846-3856

Meet Jenna Rose

Compass

110 Country Club Drive
Incline Village, NV 89451

Contact Us

COMPASS logo

Carole Madrid License # S.023133  •  Jenna Madrid License # BS.0145777  •  Privacy Policy  •  Accessibility  •  admin
©2023 All Rights Reserved  •  Real Estate Website Design by IDXCentral.com



The Madrid Group Is A Team Of Real Estate Licensees Affiliated With Compass Nevada, Llc, A Licensed Real Estate Broker And Abides By Equal Housing Opportunity Laws. All Material Presented Herein Is Intended For Informational Purposes Only. Information Is Compiled From Sources Deemed Reliable But Is Subject To Errors, Omissions, Changes In Price, Condition, Sale, Or Withdrawal Without Notice. No Statement Is Made As To Accuracy Of Any Description. All Measurements And Square Footages Are Approximate. This Is Not Intended To Solicit Property Already Listed. Nothing Herein Shall Be Construed As Legal, Accounting Or Other Professional Advice Outside The Realm Of Real Estate Brokerage.