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Rent vs. Buy

The Importance of Home Equity in Building Wealth

January 6, 2021 by Jeffrey B Thompson

Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building wealth over time. This ‘wealth’ is ... » Learn More about The Importance of Home Equity in Building Wealth

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Real Estate, Rent vs. Buy Tagged With: Real Estate, Simplifying The Market

Turning a House into a Happy Home

December 24, 2020 by Jeffrey B Thompson

We talk a lot about why it makes financial sense to buy a home, but more often than not, we’re drawn to the emotional reasons for homeownership. No matter the living space, the feeling of a home means different things to different people. Whether it’s a certain scent or a favorite chair, the ... » Learn More about Turning a House into a Happy Home

Filed Under: First Time Home Buyers, For Buyers, Real Estate, Rent vs. Buy Tagged With: Real Estate, Simplifying The Market

The Difference a Year Makes for Homeownership

December 22, 2020 by Jeffrey B Thompson

Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. 1. Move-up or Downsize: One option ... » Learn More about The Difference a Year Makes for Homeownership

Filed Under: First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Real Estate, Rent vs. Buy Tagged With: Real Estate, Simplifying The Market

Homeownership Is a Key to Building Wealth

November 10, 2020 by Jeffrey B Thompson

For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data from the Federal Reserve, for the average homeowner: “…a primary home ... » Learn More about Homeownership Is a Key to Building Wealth

Filed Under: For Buyers, For Sellers, Pricing, Real Estate, Rent vs. Buy Tagged With: Real Estate, Simplifying The Market

Rent vs. Buy: How to Decide What’s Best for You

November 3, 2020 by Jeffrey B Thompson

According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline to buy a home is different for everyone, the ... » Learn More about Rent vs. Buy: How to Decide What’s Best for You

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Pricing, Real Estate, Rent vs. Buy Tagged With: Real Estate, Simplifying The Market

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Jeffrey B Thompson
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