There are many financial and non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy…
Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial wellness and their goals.…
As rent prices continue to soar, many renters want to know what they can do to prepare for homeownership. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start…
For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying…
In this hot summer market, sellers continue to rule, bidding wars are rampant, and most homes are getting multiple offers and sales prices above asking. So what does this all mean for homebuyers? Last week, Fannie Mae released their Home Purchase Sentiment…
This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and…
Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call…
It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market…
In this unique current real estate market, we are seeing a trend - many homeowners have seen an increase in equity, yet inventory is at an all-time low. There's also an influx of buyers, but for the homes that are…
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 answer is…
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