Rent or Buy: Either Way You’re Paying A Mortgage!
[ad_1] There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage…
The Net Worth of a Homeowner is 44x Greater Than A Renter!
[ad_1] Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was recently released.
The study revealed…
The Wave of Millennial Homebuyers Continues to Swell
[ad_1] Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream.
Comparatively speaking, millennials have taken longer to obtain traditional…
Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!
[ad_1] In a CNBC article, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off.”
Bach suggests…
Home Buying Myths Slayed [INFOGRAPHIC]
[ad_1] Some Highlights: The average down payment for first-time homebuyers is only 6%!
Despite mortgage interest rates being over 4%, rates are still below historic numbers.
88% of property managers raised their rents in the last 12 months! [ad_2]
Source…
Buying Is Now 26.3% Cheaper Than Renting in the US
[ad_1] The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States.
In the six…
Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC]
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Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years!
The generations agree! Real estate is the best investment!
Generation…
4 REAL Reasons Why We Buy A Home!
[ad_1] We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones.
No matter what shape or size your living space is, the concept and feeling of…
First-Time Home Buyers Continue to Put Down Less Than 6%!
[ad_1] According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017.
Many potential homebuyers believe that a 20% down payment…
5 Reasons Millennials Choose to Buy a Home [INFOGRAPHIC]
[ad_1] Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy…
When Is a Good Time to Rent? Not Now!
[ad_1] People often ask if now is a good time to buy a home, but nobody ever asks whether or not it’s a good time to rent. Regardless, we want to make certain that everyone understands that now is NOT a good time to rent.
The Census Bureau recently released their…
The Cost of Renting vs. Buying [INFOGRAPHIC]
[ad_1] 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 (28.8%) vs. the percentage needed to buy a median-priced…