~ I believe that every person who can, deserves to own a home there are many benefits. I also understand that home ownership is not for everyone. Here are a couple of reasons why. I hope this does not discourage you, if you are working towards owning a home someday ~ Financial reasons not to … Continue reading Financial reasons not to buy a home
With Tight Inventory, Rents are on the Rise Rents have been rising month after month, and if housing inventory continues to be as strapped as it is, that’s likely not changing anytime soon. According to the June 2017 National Rent Report released by Apartment List on Friday, national rents grew 0.5 percent last month, marking … Continue reading With Tight Inventory, Rents are on the Rise
Here’s Why It Feels Like Rent Is Eating Up Your Entire Paycheck Rents have gone up faster than incomes for decades. Way, way faster. 06/29/2016 05:20 pm ET 270 Kate Abbey-Lambertz National Reporter, The Huffington Post This is the clearest explanation for why more and more people are struggling to afford a place to live: … Continue reading Here’s Why It Feels Like Rent Is Eating Up Your Entire Paycheck
Decade after housing peaked: Owners richer, renters hurting By Josh Boak, 6/20/16 MOUNT PLEASANT, South Carolina (AP) -- It's a troublesome story playing out across America in the 10 years since the housing bubble peaked and then burst in a ruinous crash: As real estate has climbed back, homeowners are thriving while renters are struggling. … Continue reading Owners richer, renters hurting?
Why so many renters aren’t buying homes yet By Janna Herron 2/10/16 Why So Many Renters Aren’t Buying Homes Yet There is a simple reason why so many renters aren’t buying into the proverbial American Dream of owning a home: They don’t want to. More than third of non-homeowners surveyed by Bankrate said they don’t … Continue reading Why so many renters aren’t buying homes yet
In retirement, should you rent a home or buy one? From ConsumerReports 1/15/15 Though some factors in the decision to rent or buy are the same at any age, others take on more significance in … But when my parents recently left the home they owned in New Jersey for 43 years to move near my sister … Continue reading Retirement, to rent or own?
Check out this tool from NYTimes.com It can calculate for you whether it is better to rent or buy using cost, mortgage details, how long you plan on staying in home, taxes, closing costs and more. Make the most informed decision for you and your family. Click on link below Is It Better to Rent … Continue reading Rent or Buy
From DsNews.com 10/16/14 Buying a home is still cheaper than renting in most markets across the country, and even cheaper than a year ago, according to the latest Rent vs. Buy report from Trulia. According to Trulia, when the purchase includes 20 percent down and a fixed 30-year mortgage, buying is 38 percent cheaper than … Continue reading Report: Buying a Home 38% Cheaper than Renting