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...]
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.
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...]
Since 2005, Renters Pay Higher Rental Rates While Owners Pay Lower Mortgage Rates
In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December … [Read more...]
Top 5 Reasons Why Young Renters Chose to Buy a Home [INFOGRAPHIC]
Why Millennials Choose to Buy a Home... To have control over their living space To have a sense of privacy and security To live in a nicer home To feel engaged in their community To have flexibility in future … [Read more...]
This Time is Different – An Economic Recession Will NOT Cause a Housing Crisis
If you're thinking about buying or selling a home, you may be wondering how the housing market will be impacted by a recession. Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. … [Read more...]
Self-Made Millionaire Tells Millennials to Buy a Home and Not Rent
In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your … [Read more...]
Wow, Homeownership Really Does Impact Your Long-Term Finances
Study after study shows that no matter what generation Americans belong to, the vast majority believe that homeownership is an important part of their American Dream. The benefits of homeownership can be broken into two main categories: … [Read more...]
Here are 5 Reasons to Love Hiring A Real Estate Pro [INFOGRAPHIC]
Highlights: Hiring a real estate professional to guide you through the process of buying a home or selling your house can be one of the best decisions you make! They are there for you to help with contracts, explaining the process, … [Read more...]
Home Ownership Perspective: Becoming Your Own Landlord
Becoming a homeowner is like crossing a threshold, stepping into the world of investment and property value. If you have rented in the past, as most of us have, you have already been part of the real estate industry as a casual consumer of … [Read more...]
10 Things You Can Do as a Homeowner (That You Couldn’t as a Renter)
There is one amusing truth about almost all first-time homeowners. They used to be renters. Renting is a natural part of the American adult lifestyle and an assumed stage in almost everyone's life. You live in your parents' house (whether … [Read more...]
Should I Buy or Rent a Home? Top Factors to Consider
Should you buy a home or rent? This is an important question and one with no simple answer that fits everyone. The Denver housing market is currently hot, meaning housing inventory it tight and both home prices and rents are going up. … [Read more...]
