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 […]
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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 […]
Buying a home makes more financial sense than renting
If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed […]
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Should I rent or should I buy?
It’s worth considering the many benefits of home ownership before you make the decision to rent or buy a home. When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you […]
Infographic: Rent vs. Own
Owning a home has distinct financial benefits over renting. When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your […]
5 financial benefits to owning your home instead of renting
Owning a home has great financial benefits. In a recent research paper titled “Homeownership and the American Dream,” Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained […]
4 hidden costs of not owning your own home
There’s no arguing there’s costs associated with owning a home. But the opposite is also true; there are also definite costs associated with NOT owning a home. The benefits of buying vs. renting has always been a hotly debated topic, […]
Report: Housing demand shifting from renting to owning
If you needed further confirmation that home ownership is becoming a more attractive option than renting to people across the country, just ask Harvard. According to the recent State of the Nation’s Housing report from the Joint Center on Housing […]
Be careful not to get caught in the rental trap!
There are many benefits to home ownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. A recent article by Consumer Affairs addressed […]
