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- Buying a home is a major way to build wealth and gain financial stability.
- That’s why, across different income levels, the largest part of most homeowners’ net worth is their equity.
You might remember the housing crash in 2008, even if you didn't own a home at the time.
If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.
- If you’re thinking about buying a home, be sure to plan for closing costs.
- Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more.
June is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home.
Wondering why the supply of homes for sale is limited today?
Holding off on selling your house because you believe there aren’t any buyers out there?
In the United States, there are over 72 million millennials.
Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change?
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then.
Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year?
If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power.
If you’re thinking about buying a home, you want to know the decision will be a good one.
According to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.
Downsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it’s also a way to reduce costs.
- 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 hedge against inflation.
If your listing expired and your house didn’t sell, you’re likely feeling a little frustrated.
If you’re thinking about buying a home soon, higher mortgage rates, rising home prices, and ongoing affordability concerns may make you wonder if it still makes sense to buy a home right now.
Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.
- If you’re trying to decide whether to rent or buy a home, there are a few things you should consider.
- Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation.