Quantcast Building Long Term Wealth Through Real Estate on Oahu | Locations

Building Long Term Wealth Through Real Estate on Oahu

Homeownership is the easiest way to build long-term wealth.

  • When you are paying a mortgage, each month you are paying towards long-term wealth. 
  • When you pay rent, you pay your landlord. This money could be paying down a mortgage to create equity in a home over the long term.
  • It is very difficult to earn as much money and save it over time, as it is to purchase a house and let the value go up over time.

Look at the chart below:

How much equity can you build in 30 years?

Historically real estate on Oahu has appreciated on average over 4% per year over the past 30 years.   The chart above illustrates how much equity you could build over time if you buy a $300,000 home.

Looking at Oahu’s neighborhoods over the past ten years, the majority of the single-family homes in Oahu have appreciated by 50% or more.

Oahu neighborhoods home appreciation chart

This chart clearly shows that most homeowners in Oahu who owned their property for at least ten years, not only built up equity, but had a sizable increase in appreciation. Start creating wealth for your future by getting into the real estate market today. 

We think you can make homeownership a reality. Attend one of our FREE first-time home buyer seminars and let us show you how to make homeownership a reality. Call your Prudential Locations agent to reserve a seat for one these informative seminars.

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