We’ve been teetering on the edge of an uncertain housing market for some time now. The Rent vs Buy decision has become even more debatable than ever. Wondering about the stability of home prices in certain areas has caused buyers to question their choice of locations, and erratic mortgage rates certainly don’t help in determining… Read More
Home prices undoubtedly soared over the past couple years, but as any renter can tell you, rents have absolutely exploded. According to an article in the New York Post, rent increases in 2021 were more than double what they had been in any previous year. A recent decrease in home prices has been old news for a few… Read More
As a long-time renter you often spend years trying to determine whether or not to buy a home and take on a mortgage. In the meantime you are already paying a mortgage… just someone else’s. Worried about the upkeep and repairs that come with homeownership? You’re already paying for those things too, as well as… Read More
Report: Multi-Family Homes as Investment or Residence? Folks shopping for a place to live have rarely considered multi-family homes in the past, but maybe they should start. Investors long ago realized the value of multi-family properties as a more efficient, more profitable way to cover their mortgage and investment costs. Multi-Family doesn’t need to imply… Read More
Rents have gotten way out of hand, in the Phoenix area and it would appear, throughout the country. You might believe you can’t buy a home, but you might be wrong. Watch the video about a couple I recently helped to buy a great home … they thought they couldn’t buy when they came to me to find a rental…
New Buy vs. Rent Index Shows U.S. Housing Market Moving Deeper into Buy Territory According to the statistics below, most of the country is well beyond the break-even point when it comes to renting vs buying a home. In all but two major cities, it is now far more financially sensible to buy. The latest… Read More
It’s surprising to me, how many people believe that they can not buy a home. With rents soaring, home prices stable, interest rates low, and tax breaks still in place, you have nothing to loose by looking into purchasing a home. In fact I’ve had several clients who called looking for rentals, and were pleasantly… Read More
Housing market stability is always great news for Realtors, Appraisers and Banks, but the best news is for homeowners. What this really means to homeowners is that the equity you have in your home is growing. Investors are finding that the balance in our Real Estate Market is supporting the logic of investing again. The… Read More
