by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy
The American Dream of homeownership is alive and well. Recent reports show that the US homeownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer, but there are many basic similarities....
by Brent Knapp | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Rent vs. Buy
There are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s....
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy
In Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains: “Since we started keeping track in 2012, it’s been a better deal to buy...
by Brent Knapp | Buying Myths, For Buyers, Infographics, Rent vs. Buy
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (29.2%) vs. the percentage needed to buy a median-priced home (15.8%), the choice...
by Brent Knapp | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Rent vs. Buy
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers show that the range is an average of...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago. The study revealed that the 2016 median net worth...
![The Cost of Renting vs. Buying a Home [INFOGRAPHIC]](https://assurancehomeloans.us/wp-content/uploads/2017/10/20171020-Share-STM.jpg)
