LET US INTRODUCE OURSELVES
Our name, Red Door Realty, and the symbolism it represents defines our desire to be your choice as a real estate agency. In the past, a red door has meant “welcome and safety”. Today, our red door symbolizes our professionalism and our commitment to you to honor and respect your wants, needs and desires, through honest communication, knowledge of the market and removing the unknowns.
Our commitment is to be your guide and consultant through today’s fast-moving market. We have agents with the highest credentials – CRS (Certified Real Estate Broker), CRS (Certified Residential Specialist), and GRI (Graduate of the Realtors Institute). Additionally, we are members of local boards, state and national real estate organizations: CARMLS, Russellville MLS, Little Rock Realtors Association (LRRA), Faulkner County Board of Realtors, (FCBOR), North Pulaski Board of Realtors (NPBOR), Russellville Board of Realtors, National Association of Realtors (NAR), Arkansas Realtor Association (ARA), South Central Arkansas Realtors Association (SCARA)
and Arkansas Real Estate Commission (AREC).
We take pride in our ability to serve you professionally.
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Should I Buy or Rent a Home?
THE REAL DIFFERENCE BETWEEN RENTING AND BUYING A HOME
Are you trying to decide if it makes more sense to rent or buy a home today? If so, here’s what you need to know. Renting and owning are fundamentally different in so many ways. And owning a home has the power to change your life. Take a look at this.
The net worth of a homeowner is significantly greater than a renter. On average, a homeowner’s net worth is about three-hundred-thousand dollars. On the other hand, a renter’s net worth is about eight thousand dollars. Let that sink in for a moment. That means a homeowner’s net worth is roughly forty times greater than a renter’s.
Now, why is that? One reason is, when you rent, your monthly payment goes toward your housing costs, but doesn’t have any long-term benefits. But, when you own, your monthly payments and any home price appreciation help you build equity. And that equity gives your net worth a big boost over time.
I know mortgage rates feel high today, but it may still make sense to buy a home when you consider the long-term benefits of investing back in yourself.
Let’s connect to go over the real impact of homeownership.
SOURCE: NAR
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Office Address
850 Simon, Conway, Arkansas 72032