by Brent Knapp | First Time Home Buyers, For Buyers, Rent vs. Buy
According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.” For the report, ATTOM Data Solutions compared...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy
Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy
We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful or compelling reasons. No matter what shape or size your living space is, the concept and feeling of home can mean different...
by Brent Knapp | First Time Home Buyers, For Buyers, Rent vs. Buy
There are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by Apartment List addressed rising rents by stating:...
by Brent Knapp | Baby Boomers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy
In a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home. “Between 2009 and 2015, the number of renters aged 55 or above rose 28 percent, while those aged 34 or...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy
There is a lot of discussion about the current state of housing affordability for both first-time and move-up buyers, and much of the narrative is tarnished with a negative slant. However, the truth is that housing affordability is better today than at almost any time...
