Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) than generations before them, but that does not mean that […]
Browsing Category: Rent vs. Buy
First Time Home Buyers / For Buyers / Millennials / Move-Up Buyers / Rent vs. Buy
Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!
In a CNBC article, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off.” Bach suggests that homebuyers should, “Take out a 30-year mortgage, but with the intention of paying it off in 25, 20 or ideally, […]
Buying Myths / First Time Home Buyers / For Buyers / Housing Market Updates / Move-Up Buyers / Rent vs. Buy
Buying Is Now 26.3% Cheaper Than Renting in the US
The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States. In the six years that Trulia has conducted this study, this is the first time that it was cheaper to rent […]
Baby Boomers / First Time Home Buyers / For Buyers / Generation X / Infographics / Millennials / Move-Up Buyers / Rent vs. Buy
Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC]
Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years! The generations agree! Real estate is the best investment! Generation X leads the way with 37% believing in real estate as the top investment.
First Time Home Buyers / For Buyers / Move-Up Buyers / Rent vs. Buy
4 REAL Reasons Why We Buy A Home!
We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones. No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain […]