Rent vs. Buy

Jan. 7, 2020

3 Benefits to Buying Your Dream Home This Year

3 Benefits to Buying Your Dream Home This Year | Simplifying The Market

Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting.

 

1. Buying a Home is a Great Investment

Several reports indicate that real estate is a good investment ...

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Dec. 28, 2019

Year-Over-Year Rental Prices on the Rise

Year-Over-Year Rental Prices on the Rise | Simplifying The Market

Looking ahead, 2020 is projected to be a strong year for homeownership. According to the Freddie Mac Forecast,

 

“We expect rates to remain low, falling to a yearly average of 3.8% in 2020.”

 

If you’re currently renting, 2020 may be a great time to think about ...

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Aug. 26, 2019

A Great Way to Increase Your Family’s Net Worth

A Great Way to Increase Your Family’s Net Worth | Simplifying The Market

Every three years, the Federal Reserve conducts its Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016.

 

The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the ...

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July 4, 2019

Millennials Are Increasing the Demand for Condominiums

Millennials Are Increasing the Demand for Condominiums | Simplifying The Market

When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium!

 

According to CoreLogic,

 

“Last year about ...

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June 21, 2019

Young First-Time Buyers Are Saving for Their Dream Homes

Young First-Time Buyers Are Saving for Their Dream Homes | Simplifying The Market

Young buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours searching listings and building Pinterest boards of their favorite home features.

  ...

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June 14, 2019

Renting or Owning, What Is Better for You?

¬Renting or Owning, What Is Better for You? | Simplifying The Market

In a real estate market where home prices are rising, many have begun to reexamine the idea of buying a home, choosing instead, to rent for a while. But often, there is a dilemma: should you keep paying rent, knowing that rent is rising too, or should you lock in ...

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June 6, 2019

The Feeling You Get from Owning Your Home

The Feeling You Get from Owning Your Home | Simplifying The Market

We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful and compelling ones.

 

No matter what shape or size your living space is, the concept and feeling of home can mean different things to ...

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June 6, 2019

How Homeownership Delivers Unsurpassed Family Wealth

How Homeownership Delivers Unsurpassed Family Wealth | Simplifying The Market

There are many financial benefits to homeownership, but probably none more important than its ability to create family wealth.

 

How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is an online resource for research and information on how homeownership contributes to ...

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June 6, 2019

4 Reasons to Buy A Home This Summer

Here are four reasons to consider buying today instead of waiting.

 

1. Prices Will Continue to Rise

CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 3.7% over the last 12 months. The same report predicts that prices will continue to increase at ...

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May 16, 2019

New Research Shows Housing Is Affordable For First-Time Buyers

New Research Shows Housing Is Affordable For First-Time Buyers | Simplifying The Market

Home 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 Home Buyers (FTHB) on ...

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