Article by: Simplifying the Market™Originally Published: August 9, 2019, 10:00 am Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s mortgage costs. You may […]
Millionaire to Millennials: The Costly Mistake of Not Buying Now
Article by: Simplifying the Market™Originally Published: August 5, 2019, 10:00 amOn his personal website, self-made millionaire David Bach makes a striking statement: “Not prioritizing homeownership is the single biggest mistake millennials are making.” He further stated, “Buying a home is an escalator to wealth.” Bach explains: “Young adults in particular aren’t hopping on this escalator, and it’s […]
Is Renting Right for Me?
Article by: Simplifying the Market™Originally Published: July 22, 2019, 10:00 amIf you’re currently renting and have dreams of owning your own home, it may be a good time to think about your next move. With rent costs rising annually and many helpful down payment assistance programs available, homeownership may be closer than you realize. According […]
5 Powerful Reasons to Own Instead of Rent
Article by: Simplifying the Market™Originally Published: July 9, 2019, 10:00 amOwning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with […]
Millennials Are Increasing the Demand for Condominiums
Article by: Simplifying the Market™Originally Published: July 2, 2019, 10:00 amWhen deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, […]
Young First-Time Buyers Are Saving for Their Dream Homes
Article by: Simplifying the Market™Originally Published: June 20, 2019, 10:00 amYoung buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours searching listings and building Pinterest boards of […]
Renting or Owning, What Is Better for You?
Article by: Simplifying the Market™Originally Published: June 11, 2019, 10:00 amIn a real estate market where home prices are rising, many have begun to reexamine the idea of buying a home, choosing instead, to rent for a while. But often, there is a dilemma: should you keep paying rent, knowing that rent is rising too, […]
The Feeling You Get from Owning Your Home
Article by: Simplifying the Market™Originally Published: June 5, 2019, 10:00 amWe often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful and compelling ones. No matter what shape or size your living space is, the concept and feeling of home can […]
How Homeownership Delivers Unsurpassed Family Wealth
Article by: Simplifying the Market™Originally Published: June 4, 2019, 10:00 amThere are many financial benefits to homeownership, but probably none more important than its ability to create family wealth. How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is an online resource for research and information on […]
4 Reasons to Buy A Home This Summer
Article by: Simplifying the Market™Originally Published: June 3, 2019, 10:00 amHere are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 3.7% over the last 12 months. The same report predicts that prices will continue to […]
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