Rent vs. Buy

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

\"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

\"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!

\"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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Buying A Home Is More Affordable Than Renting In 54% Of US Counties

\"BuyingAccording to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.” For the report, ATTOM Data Solutions compared recently released fair market rent data from the Department of Housing and Urban Development with reported income amounts from the Department […]

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The Benefits of Homeownership Go Beyond the Financial

\"TheHomeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is important that we […]

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Top 4 REAL Reasons We Buy a Home

\"TopWe often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful or compelling reasons. No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain […]

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Rents Are on the Rise: Don’t Get Caught in the Rental Trap!

\"RentsThere are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage. Don’t Become Trapped  A recent article by Apartment List addressed rising rents by stating: “Rents are up 2.7% year-over-year at the national level. Year-over-year growth continues […]

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Should Boomers Buy or Rent after Selling?

\"ShouldIn a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home. “Between 2009 and 2015, the number of renters aged 55 or above rose 28 percent, while those aged 34 or younger only increased 3 percent… Meanwhile, more than 5 million […]

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