Article by: Simplifying the Market™Originally Published: February 4, 2019, 11:00 amThere are some people who haven’t purchased homes because they are uncomfortable taking on the obligation of a mortgage. However, everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur […]
Don’t Get Caught in the Rental Trap in 2019
Article by: Simplifying the Market™Originally Published: December 12, 2018, 11:00 amEvery year around this time, we take time to reflect and plan for next year. If you are renting your current home but have dreams of homeownership, your plan for the new year may include buying, and you wouldn’t be alone! According to the 2018 […]
Homeowners Aged 65+ Have 48x More Net Worth Than Renters
Article by: Simplifying the Market™Originally Published: December 4, 2018, 11:00 amEvery three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since […]
4 Reasons to Buy A Home This Winter!
Article by: Simplifying the Market™Originally Published: December 3, 2018, 11:00 amHere are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts that prices will continue to […]
The Cost of Renting vs. Buying a Home [INFOGRAPHIC]
Article by: Simplifying the Market™Originally Published: November 16, 2018, 11:00 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 (28.4%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious. […]
75% of Renters Have Been Misinformed
Article by: Simplifying the Market™Originally Published: November 8, 2018, 11:00 amRecently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t partake in a major part […]
Housing Is Still Affordable in the United States!
Article by: Simplifying the Market™ Originally Published: October 23, 2018, 10:00 am Lately, there have been many headlines circulating about whether or not there is an “affordability issue forming in the housing market.” If you are considering selling your current house and moving up to the home of your dreams, but are unsure whether or […]
Are You Spending TOO Much on Rent?
Article by: Simplifying the Market™Originally Published: October 30, 2018, 10:00 amChances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the […]
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