Renting or Selling Your House: What’s the Best Move?
Renting or Selling Your House: What’s the Best Move? If you’re a homeowner planning to move, renting or selling your house may be on your mind. Short-term rentals (STR) are an increasingly popular form of investment as an alternative to hotels. Renting out your house may be tempting, but you need to consider the challenges involved compared to selling. You […]
The Financial Benefits of Downsizing for Homeowners
The Financial Benefits of Downsizing for Homeowners Some Highlights Downsizing is popular for retirees and those with changing needs. It can help reduce costs during times of high inflation. Downsizing lowers expenses and uses existing equity to fund the move. Contact us to discuss housing goals and explore local market options. We can assist you with moving to a smaller […]
Homeownership: An American Dream?
Homeownership: An American Dream? The American Dream is a unique and personal construct. For many, it is linked to success, freedom, and prosperity – goals that can be attained through owning a home. Homeownership is a way of making progress toward the American Dream. It allows for greater security financially and more control over living space. By becoming a homeowner, […]
Lending Standards: Then & Now
Lending Standards: Then & Now Homeownership is one of the most important steps to achieving financial security, but obtaining a mortgage can be difficult. In 2004, the Mortgage Credit Availability Index (MCAI) was at its highest level in the years leading up to the housing crash, indicating that it was much easier to get a loan back then. Today, however, […]
Uncovering the Long-Term Benefits of Homeownership
Uncovering the Long-Term Benefits of Homeownership With higher mortgage rates, inflationary pressures, and the possibility of a recession, some people may be questioning whether they should buy a home this year. While there are additional challenges for homebuyers in 2023, it’s important to consider the long-term benefits of homeownership when making your decision. Do you know anyone who bought a […]
Housing and Inflation: How Homeownership Protects You
Housing and Inflation: How Homeownership Protects You Some Highlights Are you wondering if now is a good time to buy a home with the rise of inflation? Housing and inflation go hand in hand, but owning your own home can protect you by keeping your monthly expenses steady. Rent prices typically increase with inflation – 65.1% of landlords plan to […]