Apr 15, 2021 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy
A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the...
Apr 15, 2021 | First Time Home Buyers, For Buyers, Rent vs. Buy
A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: 88% – a...
Feb 17, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Rent vs. Buy
There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased...
Feb 8, 2021 | First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy
Over the past year, our homes have become an integral part of our lives more than ever. They’re much more than the houses we live in. They’re our workplaces, virtual schools, and safe havens that provide shelter, stability, and protection through the evolving health...
Feb 4, 2021 | First Time Home Buyers, For Buyers, Interest Rates, Rent vs. Buy
In today’s housing market, there are clear financial benefits to owning a home: increasing equity, the chance to build your net worth, and appreciating home values, just to name a few. If you’re a renter, it’s never too early to think about how homeownership can...
Jan 22, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy
If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to...