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Posts Tagged ‘Real Estate’

The True Cost of NOT Owning Your Home

The True Cost of NOT Owning Your Home | Simplifying The Market Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence. reported that:
“Buying remains the more attractive option in the long term – that remains the American dream, and it’s true in many markets where renting has become really the shortsighted option…as people get more savings in their pockets, buying becomes the better option.”

What proof exists that owning is financially better than renting?

1. In a previous blog, we highlighted the top 5 financial benefits of homeownership:
  • Homeownership is a form of forced savings.
  • Homeownership provides tax savings.
  • Homeownership allows you to lock in your monthly housing cost.
  • Buying a home is cheaper than renting.
  • No other investment lets you live inside of it.
2. Studies have shown that a homeowner’s net worth is 44x greater than that of a renter. 3. Less than a month ago, we explained that a family that purchased an average-priced home at the beginning of 2018 could build more than $49,000 in family wealth over the next five years. 4. Some argue that renting eliminates the cost of taxes and home repairs, but every potential renter must realize that all the expenses the landlord incurs are already baked into the rent payment – along with a profit margin!

Bottom Line

Owning your home has many social and financial benefits that cannot be achieved by renting.

Real Estate – Best Investment for 5 Years Running! [INFOGRAPHIC]

Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC] | Simplifying The Market

Real Estate: The Best Investment

Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC] | Simplifying The Market 

Some Highlights:

  • Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years!
  • The generations agree! Real estate is the best investment!
  • Generation X leads the way with 37% believing in real estate as the top investment.

Bay Shore Open House – Southwood Estates

Bay Shore Open House

877 Manor Lane, Bay Shore, NY  11706

June 30, 2013 from 1-3PM


Marketing by Glen Hagen

Suffolk County Real Estate


Glen Hagen | Douglas Elliman Real Estate | (631) 581-8855
877 Manor Ln, Bay Shore, NY
Majestic Southwood Colonial Backing Up To Sagtikos Manor For Extra Privacy.
4BR/3+1BA Single Family House
offered at $850,000
Year Built1967
Sq FootageUnspecified
Bathrooms3 full, 1 partial
Parking2 Car garage
Lot Size40,075 sqft
HOA/Maint$0 per month

This Bay Shore Home For Sale Is Located In Southwood Estates. A Majestic, Grand Colonial For The Most Discerning Buyer. Immaculate, Professionally Landscaped Beauty, 1 Of 13 Homes Backing Up To Sagtikos Manor For Extreme Privacy. 4Br Incl 2 Master Br’s With Large Walk-In Closets, 3.5 Baths, 2 Fireplaces, 2 Zone CAC, Composit Deck With Hot Tub, 2 Car Garage, 4 Zone Heat, See It Now, Before It’s Too Late! Star Tax $17,032
Bay Shore
see additional photos below

– Attic– Basement– Breakfast nook
– Dining room– Family room– Laundry room
– Living room– Master bath– Mud room
– Office/Den– Storage space– Walk-in closet
– Dishwasher– Dryer– Microwave
– Refrigerator– Stove/Oven– Washer
– Balcony, Deck, or Patio– Fenced yard– Lawn
– Porch– Sprinkler system– Yard
– Air conditioning– Central A/C– Central heat
– Wired– Security system– Guest parking
– Garage – Attached– Fireplace– Hardwood floor
– High/Vaulted ceiling– Jacuzzi/Whirlpool– Jetted tub
– Skylights– Tile floor

– Barbecue area

– Jacuzzi Bath
– Hot Tub
– Exquisite Landscaping
– New Paver Walkway

Backs upto Sagtikos Manor

Shy 1 Acre Property

Front View

Breakfast Nook



Living Room

Den with Fireplace

Formal Dining Room

Master Bedroom

Master BR Sitting Area

Master BR Fireplace

Walk-In Closet in Master

Master Shower

1 of 4 Bedrooms

A 2nd Master BR???

Bedroom Used As Office

1 of 3.5 Baths

1 of 3.5 Baths

Photo 10

2 Car Garage


Composite Deck

Lndscpe Architect Design

Shy Acre Property
Contact info:
Glen Hagen
Douglas Elliman Real Estate
(631) 581-8855
For sale by agent/broker