---
title: 82,338 Great Reasons to Buy a Home Today
description: The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner.
---

[First Federal Bank Blog ](https://blog.ffbf.com)

# [82,338 Great Reasons to Buy a Home Today](https://blog.ffbf.com/82338-great-reasons-to-buy-a-home-today)

 Written by [First Federal Bank](https://blog.ffbf.com/author/first-federal-bank) | April 21, 2021 12:00:00 PM Z

The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner.

 

Most experts are calling for home prices to continue appreciating over the next several years. The most recent [Home Price Expectation Survey](https://pulsenomics.com/surveys/#home-price-expectations), a survey of over one hundred economists, real estate experts, and investment and market strategists, expects home appreciation to increase as follows:

- 2021: 6%
- 2022: 4.5%
- 2023: 4%
- 2024: 3.6%
- 2025: 3.5%

Using their annual projections, the graph below shows the equity build-up a purchaser could earn, using a $350,000 home as an example:<https://files.simplifyingthemarket.com/2021/04/19123942/20210420-MEM-Eng-1.png?a=629022-2474dd2c577f9b9a47829ca925671596>

A homeowner could increase their net worth **by over $80,000** in five years. That’s an average of $16,000 annually. That number should be in any equation determining the financial benefits of owning a home compared to renting.

### **Bottom Line**

Homeowners are going to make a substantial amount of money in home equity over the next five years. If you’re ready to buy a home, let’s connect so you can enjoy this great benefit as well.

[View full post](https://blog.ffbf.com/82338-great-reasons-to-buy-a-home-today)

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