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The Enduring Value of Homeownership in Florida

Over six years, typical U.S. homeowners gained over $128,000 in housing wealth, yet first-time buyers average age is now 40, with only 21% of purchases. Despite challenges like high costs and debt, homeownership builds equity, offers stability, and often leads to greater wealth than renting. It also fosters community involvement and benefits children’s education. Careful planning and expert guidance are crucial for expanding access to homeownership.

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Karen

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