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The Big Difference Between Renter and Homeowner Net Worth
If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.
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If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.
Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.
Figuring out what to do with your house when you're ready to move can be a big decision.
According to a recent poll from Gallup, real estate has been voted the best long-term investment for twelve straight years.
While renting may be less expensive in some areas right now, there are two big benefits homeownership provides that renting can’t.
Thinking about buying a home?
You may have seen reports in the news recently saying it’s more affordable to rent right now than it is to buy a home.
You may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long-term investment that helps your net worth grow over time.Homeownership Builds [...]
Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision.Consider this: if you know people who bought [...]
Some HighlightsWondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady.Rents typically increase with inflation. Maybe that’s why, according to a recent survey, 65.1% of landlords say they plan to raise [...]