Rent vs. Buy

Renters Under 50 Want to Buy a Home!

First Time Home Buyers, For Buyers, Housing Market Updates, Millennials, Rent vs. Buy /

\"RentersEvery year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing. One of the many questions asked in the housing section of the survey was: Assuming you had the financial resources […]

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Homeownership: “A Man Is Not a Complete Man, Unless He Owns a House”

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy /

\'Homeownership:The famous quote by Walt Whitman, “A man is not a whole and complete man, unless he owns a house and the ground it stands on,” can be used to describe homeownership in America today. The Census revealed that the percentage of homeowners in America has been steadily climbing back up since hitting a 50-year low in 2016. […]

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Real Estate Tops Best Investment Poll for 5th Year Running

First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy /

\"RealEvery year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the fifth year in a row, real estate has come out on top as the best long-term investment! This year’s results showed that 34% of […]

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Buying a Home Is Cheaper Than Renting in the Majority of the US

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Rent vs. Buy /

\"BuyingThe results of the 2018 Rental Affordability Report from ATTOM show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S. counties analyzed for the report. The updated numbers show that renting a three-bedroom property in the United States requires an average of 38.8% of income. The least affordable market for […]

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US Housing Market Still In ‘Buy Territory’!

First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy /

\"USAccording to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment. The BH&J Index is a quarterly report that attempts to answer the question: In today’s housing market, is it better to […]

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NOT Owning Your Home Can Cost You a Lot of Money!

Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy /

\"NOTOwning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Realtor.com/ recently reported that: “Buying remains the more attractive option in the long term – that remains […]

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80% of Renters Believe Homeownership is a Part of Their American Dream

First Time Home Buyers, For Buyers, Millennials, Rent vs. Buy /

\"80%According to the latest Aspiring Home Buyers Profile by the National Association of Realtors (NAR), 82% of surveyed renters desire to own a home in the future, with 80% believing homeownership is a big part of achieving their American Dream. The profile went on to state that 50% of millennials believe that their rent will […]

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Whether You Rent or Buy, Either Way You’re Paying a Mortgage!

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Rent vs. Buy /

\"WhetherThere 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 – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 Practical […]

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