Trulia: Owning Remains Significantly Cheaper than Renting

Hi Friends,

During my reading today I came across this article and I want to share it with you!

"Despite rising interest rates, owning a home is still significantly cheaper than renting at a national level and in most large metropolitan areas, according to Trulia’s Summer 2013 Rent vs. Buy Report. While rising interest rates are closing the gap between renting and owning, owning is still 35 percent cheaper than renting nationally. A year ago, the difference was 45 percent."

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Trulia: Owning Remains Significantly Cheaper than Renting

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Redfin Predicts Volatile Housing Market

Hi Friends,

I came across this article in my reading today and want to share it with you. It has some information I thought you may have some interest in.
 

"The housing market has lost some of its momentum recently according to a new study by the Redfin Research Center. Pent-up demand and low mortgage rates contributed to a robust real estate market since the beginning of the year, but higher prices and higher rates have diminished demand in recent months."

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Redfin Predicts Volatile Housing Market

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Why Do American Families Buy A Home?

Hi Friends,

I came across this article today in my reading and want to share it with you. It has some information that I thought may be of interest to you.

"There is a plethora of opinions voiced by real estate gurus as to why the dream of home ownership is so important to most Americans. However, study after study reveals the same five reasons families decide to buy a home."

To continue reading: Why Do American Families Buy A Home? 

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Do Remodeling Projects Pay?

Hi Friends,

I came across this interesting article in my reading today and want to share it with you! 

"We all love to see the before and after on home remodeling shows and the biggest appeal seems to be updated kitchens and master baths.  It’s all about the “wow” factor!  But when you are selling your home, it’s important to consider (in business terms), the ROI, which is Return On Investment.  Cost versus value is clearly a tricky thing.  According to the National Association of Realtors, “A house that sparkles on the surface will sell faster than its shabby neighbor, even though both are structurally well-maintained… Buyers feel more comfortable purchasing a well-cared for home because if what they can see is maintained, what they can’t see has probably also been maintained."

To continue reading: Do Remodeling Projects Pay? 

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Should I Wait for Interest Rates to Come Back Down?

Hi Friends,

I came across this article in my reading today and wanted to share it with you.

"Some buyers are waiting to see if interest rates will come back down before making a decision about buying a home. Though no one can guarantee where rates will be in a few months, we don’t believe waiting is a good strategy."

To continue reading: Should I Wait for Interest Rates to Come Back Down?

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