Home Ownership Builds Wealth and Offers Stability - The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable and safe environment.
There are some renters that have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either your mortgage or your landlord’s.
Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,40
Inflation & Home Equity | Home equity to grow in the next 5 years! Not a homeowner? It's a great time to buy a home! #yourindyrealtor #soldbymal #indianapolisrealestateteam
Video: 5 Foolproof Ways to Make a Fantastic First Impression on Home Buyers
Even in a white-hot market where houses are selling quickly and for top dollar, it's still crucial to prove that your home is worth every penny you're asking for it. These simple steps will help your home make a fabulous first impression that will draw potential buyers in droves.
When Is It A Good Time To Rent? Definitely NOT NOW!
People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.
CoreLogic’s latest Equity Report revealed that 92% of all mortgaged properties are now in a positive equity situation, while 74% now actually have significant equity (defined as more than 20%)! #realestate #buyers #sellers http://www.simplifyingthemarket.com/en/2016/06/21/74-of-households-in-the-us-now-have-significant-equity/?a=221685-83ad04d322c22df718c84e9973873a65