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By The Hollinger Team

Diana, Kellie, Dane, Drew and I have over 85 years of experience in Montana real estate, specializing in waterfront properties. Let’s see what we can find for you.

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If you’ve ever wondered whether it’s better to rent or buy, let’s look at what the numbers are telling us. I recently shared a video showing that real estate is the top long-term investment across income groups. Today, I want to show you why owning a home remains one of the smartest financial decisions you can make.

Home values are up, and they’ve stayed up. The first chart I shared dates back to 1988. It shows that the average sales price of homes in the U.S. has risen steadily over the years. Yes, there were dips, such as around 2008, but the long-term trend remains strong. Homes that once sold for around $100,000 are now selling for over $500,000. That’s not a small gain. That’s long-term growth.

Renting builds your landlord’s wealth, not yours. Now, here’s the part that really stood out. The average net worth of a homeowner is $396,500. For renters? Just $10,410. That’s a 40-times difference. Homeowners build equity as their home gains value and as they pay down their mortgage. Renters don’t get any of that. You’re paying a monthly cost either way. The difference is that one gives you ownership and a shot at real wealth, while the other doesn’t.

“Buying a home gives you options. Renting gives you rising costs.”

Rent prices have gone up almost every year since 1988. If you’re renting today, you’re paying more than ever, and that trend isn’t slowing down. But when you buy, you can lock in your payment, build equity, and gain the financial stability that comes with ownership.

Here’s another benefit: once you have equity, you can use it. Many people borrow against their home to invest in more real estate or other opportunities. That’s how people grow their portfolios and increase wealth over time.

Let’s talk about your options. If you’re considering buying a home or want to explore your current options, I’d be happy to help. Whether you’re buying a primary home, a second property, or an investment, now’s the time to take control of your financial future.

Call me at 406-837-5531, email ScottHollingerMT@gmail.com, or visit www.flatheadrealestate.com to get started. Let’s make your money work for you, not your landlord.

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