A wealth of housing data clearly demonstrates that housing is a good long-term investment. According to a study by the U.S. Department of Housing and Urban Develop­ment, 60 percent of a homeowner s wealth is from the equity they have built in their home. A Federal Reserve study has shown that the average homeowners net worth is 46 times the net worth of the average renter.

The facts emphasize the importance of homeownership in creating long term wealth and the equity built up over the years generally helps people navigate their retirement.  Look at the history of our great country and what has al­ways followed bad periods - that should help regain your confidence in the future.

END OF STORY!

Thanks to all who attended the 1st Annual “Halloween Bash” held on October 26th at Déjà Vu, the former famous “Chez Paree”. 100% of the proceeds benefited the South Jersey AIDS Alliance.