The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership.
The national homeownership rate (Americans
The Surprising Profile of the Real Estate Investor
Over 10% of all residential homes are purchased by investors, and that number continues to rise. Who are these investors?
Many have speculated that the large institutional conglomerates such as Blackstone, American Homes 4 Rent, and Colony Starwood
Home Prices Up 5.05% Across the Country
Some Highlights:
*The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
*In the report, home prices are compared both regionally and by state.
*Based on the latest numbers, if you plan on relocating
Is Renting Right for Me?
If you’re currently renting and have dreams of owning your own home, it may be a good time to think about your next move. With rent costs rising annually and many helpful down payment assistance programs available, homeownership may be closer
Mid-Year Housing Market Update: Three Things to Know Today
Shifting trends and industry-leading research are pointing toward some valuable projections about the status of the housing market for the rest of the year.
If you’re thinking of buying or selling, or if you just want to know what experts are
What Experts are Saying About the Current Housing Market
We’re halfway through the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the experts predict for the second half of 2019.
Here’s what some have to say:
Danielle Hale, Chief Economist
The Cost of Waiting: Interest Rates Edition
Some Highlights:
*Interest rates are projected to increase steadily heading into 2020.
*The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be.
*Rates are still low right now
What a Difference a Year Makes for Sellers
Over the last few years, many sellers have been hesitant to put their houses on the market because they feared not being able to find another home to buy.
We’ve reported on inventory shortages in the past, and it’s been a constant concern for
Is Your First Home Now Within Your Grasp?
Some Highlights:
*According to the US Census Bureau, “millennials” are defined as 18-36-year-olds.
*According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32.
*More and more “old millennials”
5 Powerful Reasons to Own Instead of Rent
Owning a home has great financial benefits.
In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained:
“Homeownership appears to help borrowers accumulate housing