Article by: Simplifying the Market™Originally Published: October 7, 2021, 10:00 amThe financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR): […]
Reasons Renters Buy [INFOGRAPHIC]
Article by: Simplifying the Market™Originally Published: October 1, 2021, 10:00 am Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater flexibility than renting. If you’re ready to […]
Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]
Article by: Simplifying the Market™Originally Published: September 17, 2021, 10:00 am Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers […]
What You Can Do Right Now To Prepare for Homeownership
Article by: Simplifying the Market™Originally Published: September 1, 2021, 10:00 amAs rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start […]
The Difference in Net Worth Between Homeowners and Renters Is Widening
Article by: Simplifying the Market™Originally Published: August 30, 2021, 10:00 amBecoming 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. It […]
If Housing Affordability Is About the Money, Don’t Forget This.
Article by: Simplifying the Market™Originally Published: August 26, 2021, 10:00 amThere are many 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 a home in today’s market, but […]
More Young People Are Buying Homes
Article by: Simplifying the Market™Originally Published: August 19, 2021, 10:00 amThere’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off […]
With Rents on the Rise – Is Now the Time To Buy?
Article by: Simplifying the Market™Originally Published: August 3, 2021, 10:00 amAccording to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents […]
The Truths Young Homebuyers Need To Hear
Article by: Simplifying the Market™Originally Published: July 7, 2021, 10:00 amFor 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 potential by $150k […]
Housing Wealth: The Missing Piece of the Affordability Equation
Article by: Simplifying the Market™Originally Published: June 17, 2021, 10:00 amThe real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. However, skyrocketing prices are […]
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