“Historically, the choice between renting and buying a home has been a tough decision.”
Some Highlights:
- Historically, the choice between renting and buying a home has been a tough decision.
- Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear.
- Every market is different. Before you renew your lease, find out if you can put your housing costs to work by buying a home this year.
To view original article, visit Keeping Current Matters.
Why the Median Home Price Is Meaningless in Today’s Market
Using the median home price as a gauge of what’s happening with home values isn’t worthwhile right now.
Saving for a Down Payment? Here’s What You Need To Know.
One of the biggest misconceptions among housing consumers is what the typical down payment is.
Why Buying or Selling a Home Helps the Economy and Your Community
If you’re thinking about buying or selling a house, it’s important to know that it doesn’t just affect your life, but also your community.
Your Needs Matter More Than Today’s Mortgage Rates
If you’re thinking about selling your house right now, chances are it’s because something in your life has changed.
Are Home Prices Going Up or Down? That Depends…
We’re about to enter a few months when home prices could possibly be lower than they were the same month last year.
This Real Estate Market Is the Strongest of Our Lifetime
This is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime.