Homeownership Levels Approaching Historical Levels
- By Jim Lowenstern
Across the country’s largest rental markets, 14 percent of renters have high credit scores, good incomes and could in fact afford to buy the median home in their market.
Breaking down NAR's report and debunking some common misconceptions about buying a home.
Learn how changes in FICO scores can help you acquire a new home!
If you have been planning to buy a new home this 2020, well then, despite the situation, you can still do. But should you go for it?
Housing affordability is influenced by several factors, such as yearly income, home value, supply and demand, mortgage rates, and labor market.
Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term. Homeownership wins over time. Let’s connect so you can …
As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color.
The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, this is a great time to do so.
Since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households.
Have you been saving up to buy a home this year?
Wondering if you should continue renting or if you should buy a home this year? If so, consider this.
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity...