What is the average amount of time most families stay in their homes? The National Association of Realtors keeps historical data on many aspects of this and ties to home-ownership. One of the data points that has changed dramatically is the median tenure of a family in a home. This means how long a family […]
Category Archives: Investment
Do Your Future Plans Include a Move?
Getting Caught in the Rental Trap
The Rental Trap There are many benefits to homeowner-ship, but there is some debate over whether you should own or rent. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by Consumer […]
Buying a Home: A Good Financial Decision
Buying a home is a good financial decision according to the National Association of Realtors. Their 2017 National Housing Pulse Survey revealed 84% of Americans also now believe this to be true. This is the highest percentage since 2007 – before the historic housing crisis. Those surveyed pointed out five major reasons why they believe […]
Housing Inventory Hits a New Low
Housing Inventory in the U.S. Every summer, families across the country decide if this will be the year they sell their current house. People want to move into their dream home as soon as possible. But, how has this affected the U.S. housing inventory percentages? Mortgage rates have hovered around 4% for all of 2017, […]
The 5 Greatest Benefits of Homeownership
Benefits of Homeownership Recently, Freddie Mac reported on the benefits of homeownership, but also by pointing out why renting isn’t always the best option. According to their report, here are the five benefits that “should be at the top of everyone’s list.” Homeownership can help you build equity over time. Your monthly payments will remain […]
Don’t Pay These Interest Rates
Interest rates have caused owners to pay around 4% for the majority of 2017, which has given many buyers relief from rising home prices and has helped with affordability. Experts predict that rates will increase by the end of 2017 and will be about three-quarters of a percentage point higher, at 4.5%, by the end […]
Home Equity in Retirement Planning
We often discuss the difference in family wealth between homeowner households and renter households. Much of that difference is the result of the equity buildup that homeowners experience over the time that they own their home. In a report recently released by the nonpartisan Employee Benefit Research Institute (EBRI), they reveal how valuable equity can […]
The Down Payment
Rental Real Estate is Preferred Choice
Real estate is the overwhelming preferred choice by Americans as identified in a recent survey. With the Dow Jones industrial average reaching record highs, it might be expected that the stock market would be the favored choice but that wasn’t the outcome. Analysis of the report suggests that the popularity for houses could be that […]