Article by: Simplifying the Market™Originally Published: May 31, 2019, 10:00 am Some Highlights: June is National Homeownership Month! Now is a great time to reflect on the many benefits of homeownership that go way beyond the financial. What reasons do you have to own your own home? …Read Full Article
New Research Shows Housing Is Affordable For First-Time Buyers
Article by: Simplifying the Market™Originally Published: May 14, 2019, 10:00 amHome prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports on the percentage of First-Time […]
The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]
Article by: Simplifying the Market™Originally Published: May 3, 2019, 10:00 am Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious. […]
Renters Paying Substantially More While Owning Costs Less
Article by: Simplifying the Market™Originally Published: April 25, 2019, 10:00 amIn a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over […]
Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]
Article by: Simplifying the Market™Originally Published: April 12, 2019, 10:00 am Some Highlights: The average down payment for first-time homebuyers is only 6%! Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate! 88% of property managers raised their rents in the last 12 months! The […]
Home Buyer Demand Will Be Strong for Years to Come
Article by: Simplifying the Market™Originally Published: April 10, 2019, 10:30 amThere has been a lot written about millennials and their preference to live in city centers above their favorite pizza place. Some have even gone so far as to say that millennials are a “Renter-Generation”. And while this might be true for some millennials, more […]
Homeownership is a Cornerstone of the American Dream
Article by: Simplifying the Market™Originally Published: March 14, 2019, 10:00 am“The rumors of my death are greatly exaggerated.” The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash, that percentage […]
Why A Normal Market is Just What We Need
Article by: Simplifying the Market™Originally Published: February 20, 2019, 11:00 amThe housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone find their dream home. This […]
Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One!
Article by: Simplifying the Market™Originally Published: February 18, 2019, 11:00 amIn a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to […]
Why Homeownership Matters Now More Than Ever
Article by: Simplifying the Market™Originally Published: February 13, 2019, 11:00 amStudy after study shows that no matter what generation Americans belong to, the vast majority believe that homeownership is an important part of their American Dream. The benefits of homeownership can be broken into two main categories: financial and non-financial (often referred to as emotional […]
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