If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward. In the past year, both … [Read more...]
Homeownership Is an Investment in Your Future
There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), explains: “The desire for … [Read more...]
Should You Still Buy a Home with the Latest News About Inflation?
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day … [Read more...]
The Emotional and Non-financial Benefits of Homeownership
With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to make a move. Here are just a few of the benefits that come with … [Read more...]
Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]
![Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]](https://tamisavage.com/realtor/wp-content/uploads/2022/09/2022-09-30-Blog-300x169.png)
Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers.Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation.If you’re ready to … [Read more...]
The U.S. Homeownership Rate Is Growing
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they … [Read more...]
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