The 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 ... » Learn More about 111,285 Reasons You Should Buy a Home This Year
homeownership
What You Can Do Right Now To Prepare for Homeownership
As 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 of our estimates in 2017. Our ... » Learn More about What You Can Do Right Now To Prepare for Homeownership
The Difference in Net Worth Between Homeowners and Renters Is Widening
Becoming 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 ... » Learn More about The Difference in Net Worth Between Homeowners and Renters Is Widening
If Housing Affordability Is About the Money, Don’t Forget This.
There 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 ... » Learn More about If Housing Affordability Is About the Money, Don’t Forget This.
More Young People Are Buying Homes
There’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 ... » Learn More about More Young People Are Buying Homes
Homeowner Wealth Increases Through Growing Equity This Year
Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike ... » Learn More about Homeowner Wealth Increases Through Growing Equity This Year
5 Things Homebuyers Need To Know When Making an Offer
When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. ... » Learn More about 5 Things Homebuyers Need To Know When Making an Offer
Housing Wealth: The Missing Piece of the Affordability Equation
The 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 causing some to start ... » Learn More about Housing Wealth: The Missing Piece of the Affordability Equation
How Misunderstandings about Affordability Could Cost You
There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some still have concerns ... » Learn More about How Misunderstandings about Affordability Could Cost You
6 Reasons to Celebrate National Homeownership Month
Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a rate that has risen to ... » Learn More about 6 Reasons to Celebrate National Homeownership Month