Rent vs. Buy

April 14, 2019

Slaying the Largest Homebuying Myths Today [INFOGRAPHIC]

Slaying the Largest Homebuying Myths Today [INFOGRAPHIC] | Simplifying the Market

Some Highlights:

  • The average down payment for first-time homebuyers is only 6%!
  • Mortgage interest rates have been on the decline since November! Hop in now to lock in a low rate!
  • 88% of property managers raised their rents in the last 12 months!
  • The average credit score on approved loans ...
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April 11, 2019

Home Buyer Demand Will Be Strong for Years to Come

Home Buyer Demand Will Be Strong for Years to Come | Simplifying The Market

There has been a lot written about millennials and their preference to live in city centers above their favorite pizza place. Some have even gone so far as to say that millennials are a “Renter-Generation”.

 

And while this might be true for some millennials, more and more research has ...

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March 15, 2019

Homeownership is a Cornerstone of the American Dream

Homeownership is a Cornerstone of the American Dream | Simplifying The Market

“The rumors of my death are greatly exaggerated.”

 

The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash, that percentage continued to fall ...

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March 4, 2019

How Can I Increase My Family’s Net Worth?

How Can I Increase My Family’s Net Worth? | Simplifying The Market

Every three years, the Federal Reserve conducts their 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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March 4, 2019

What are the Benefits of Becoming a Homeowner?

What are the Benefits of Becoming a Homeowner? | Simplifying The Market

Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner for the first time!

 

Why is this date important? Homeownership is not ...

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Feb. 23, 2019

Why A Normal Market is Just What We Need

The housing market has been hot for a while now. Homes have been flying off the shelves as fast as they have been listed. Buyers have been competing in bidding wars just to find a home to buy, let alone find their dream home.

Why A Normal Market is Just What We Need | Simplifying The Market

 

This ‘seller’s market’ has driven ...

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Feb. 8, 2019

Whose Mortgage Do You Want to Pay? Yours or Your Landlord’s?

Whose Mortgage Do You Want to Pay? Yours or Your Landlord’s? | Simplifying The Market

There 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 Magazine, a premier source ...

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Dec. 20, 2018

Don’t Get Caught in the Rental Trap in 2019

Every 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 Bank of America Homebuyer ...

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Dec. 4, 2018

4 Reasons to Buy A Home This Winter!

4 Reasons to Buy A Home This Winter! | Simplifying The Market

Here 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 ...

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Dec. 4, 2018

Homeowners Aged 65+ Have 48x More Net Worth Than Renters

Homeowners Aged 65+ Have 48x More Net Worth Than Renters | Simplifying The Market

Every 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 ...

View More