One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a home. Every three years the Survey of Consumer Finances […]
Many renters feel buying a home is an impossible dream. But consider this: A landlord expects to make a profit after paying the mortgage, taxes, insurance, repairs and other expenses. The landlord’s only income for the rental property is the rent paid by the tenants. As time goes on, and the value of the property […]
The U.S. homeownership rate has slowly fallen in recent years to currently its lowest level since 1965, but new research from the National Association of REALTORS® reveals that there are a number of affordable metro areas with above-average hiring and a large segment of current renters who earn enough income to qualify to buy a home […]
With spring comes change. Time to change your wardrobe, your flower beds and, potentially, the way you live and your housing situation. As the home shopping season heats up, we’re again compelled to tackle the classic housing question: To buy or to rent? The decision whether to buy a home is difficult. It’s not just […]
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