Looking ahead, 2020 is projected to be a strong year for homeownership. According to the Freddie Mac Forecast, “We expect rates to remain low, falling to a yearly average of 3.8% in 2020.” If you’re currently renting, 2020 may be a … [Read more...]
Articles for Renters Considering Buying a Home
Are you currently renting a home? Then following articles may well be worth your time reading. Also my Rent vs. Buy page focuses on key points to be aware of as a renter thinking about buying a home. This information is likely to bring up questions so please do not hesitate to reach out to me.
2019 Recap: a Great Year for Homeownership
Over the past year, mortgage rates have fallen more than a full percentage point. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them: Refinance: … [Read more...]
Celebrating ‘National Roof Over Your Head’ Day!
Did you know that each year in the United States, we celebrate “National Roof Over Your Head Day” on December 3rd? As noted on the National Calendar, it was “created as a day to be thankful for what you have, starting with the roof over … [Read more...]
Consider The Actual Cost of Renting vs Homeownership
There are great advantages to owning a home, yet many people continue to rent. The financial benefits are just some of the reasons why homeownership has been a part of the long-standing American dream. Realtor.com reported that: “Buying … [Read more...]
Real Estate Expert: 3 Benefits Homeowners Get That Renters Do Not
Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business … [Read more...]
Home Affordability: Rents Outpace House Prices
Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a … [Read more...]
Financial and Non-Financial Benefits to Owning a Home
When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more … [Read more...]
Here’s a One Big Way Homeowners Benefit Over Renters
One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on … [Read more...]
Rent Vs. Own a Home [INFOGRAPHIC]
Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s … [Read more...]
Is Renting a Home the Best Choice for Me?
If you’re currently renting and have dreams of owning your own home, it may be a good time to think about your next move. With rent costs rising annually and many helpful down payment assistance programs available, homeownership may be … [Read more...]
A Breakdown of Millennial First-Time Homebuyer Stats [INFOGRAPHIC]
Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more … [Read more...]
5 Big Reasons to Own Your Home And Not Rent
Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers … [Read more...]
Is It Better To Rent Or Own A Home?
In a real estate market where home prices are rising, many have begun to reexamine the idea of buying a home, choosing instead, to rent for a while. But often, there is a dilemma: should you keep paying rent, knowing that rent is rising … [Read more...]
Spring 2019: The Cost of Renting vs. Buying [INFOGRAPHIC]
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a … [Read more...]
