A homeowner’s net worth is nearly 40x higher than a renter’s. CLICK HERE for full blog.
The Big Difference Between Renter and Homeowner Net Worth
- By Jim Lowenstern
- Posted
A homeowner’s net worth is nearly 40x higher than a renter’s. CLICK HERE for full blog.
In today’s market, where the cost of homeownership can be intimidating, finding a move-in-ready home that fits your budget can feel like a real challenge. Click HERE for full blog.
Home prices have gone up, which means your equity probably has too. Click here for full blog.
A home is a place that reflects who you are, a safe space for the ones you love the most, and a reflection of all you’ve accomplished.
Are you wondering if it makes sense to buy a home right now? While today’s mortgage rates might seem a bit intimidating, here are two compelling reasons why it still may be a good time to become a homeowner.
If you’re thinking about buying a home this year, be sure to consider the long-term financial advantages of homeownership, like home equity.
While this isn’t the frenzied market we saw during the ‘unicorn’ years, homes that are priced right are still selling quickly and seeing multiple offers right now. That’s because the number of homes for sale is still so low. Data from the National Association of Realtors (NAR) shows 76% of homes sold within a month and the average saw 3.5 offers in June.
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While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low. If you’re looking to buy a home this season, know that the peak frenzy of bidding wars is in the rearview mirror, but you may still come up against some multiple-offer scenarios.
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If you've been keeping up with the news lately, you've probably come across headlines talking about the increase in foreclosures in today’s housing market. This may have left you with some uncertainty, especially if you're considering buying a home. It’s important to understand the context of these reports to know the truth about what’s happening today.
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Downsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it's also a way to reduce costs.
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If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, overhearing someone chatting at the local supermarket, the list goes on and on. Most likely, home prices and mortgage rates are coming up a lot.
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Everyone’s interpretation of the American Dream is unique and personal. But, for many people, it’s tied to a sense of success, freedom, and prosperity. These are all things that owning a home can help provide.
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Are you having trouble finding a home that fits your needs and your budget?