“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.
How Much Do You Need for Your Down Payment?
Be sure to also work with a real estate advisor from the start to learn what you may qualify for in the homebuying process.
Happy New Year!
Wishing you a happy, healthy and prosperous New Year from all of us at BrookHampton Realty!
#happynewyear #2022 #brookhamptonrealty
Expert Insights on the 2022 Housing Market
This sellers’ market will remain in 2022 as home prices are projected to continue climbing, just at a more moderate pace.
5 Tips for Making Your Best Offer on a Home
When putting together an offer, your trusted real estate advisor will help you consider which levers you can pull.
Key Things To Avoid After Applying for a Mortgage
Any blip in income, assets, or credit should be reviewed and executed in a way that ensures your home loan can still be approved.
Happy Holidays!
Happy Holidays for all of us at BrookHampton Realty!