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 home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation.
If you’re feeling the challenges of a competitive market, remember that homeownership is a long-term game. Persevering today will lead to financial rewards in the future.
https://files.keepingcurrentmatters.com/wp-content/uploads/2021/06/16122150/20210618-KCM-Share.png410750KCM Crewhttps://assets.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngKCM Crew2021-06-18 06:30:262021-06-16 18:36:31Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC]
https://files.keepingcurrentmatters.com/wp-content/uploads/2021/06/16101358/20210617-KCM-Share.jpg410750KCM Crewhttps://assets.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngKCM Crew2021-06-17 06:30:572021-06-17 15:21:09Housing Wealth: The Missing Piece of the Affordability Equation
Longer days and sunny weather mean summer is upon us, and what better conditions than right now to upgrade to the home of your dreams?
If your needs have changed, it’s a great time to upgrade – there’s likely high demand for your current house, and today’s low mortgage rates can help you afford your dream home.
If you’re ready to upgrade to a home that matches your changing needs, reach out to a local real estate professional today.
https://files.keepingcurrentmatters.com/wp-content/uploads/2021/06/10133551/20210611-KCM-Share.png410750KCM Crewhttps://assets.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngKCM Crew2021-06-11 06:30:432021-06-10 15:15:28Have Your Day in the Sun by Moving Up This Summer [INFOGRAPHIC]
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Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks.
https://files.keepingcurrentmatters.com/wp-content/uploads/2021/05/17105440/20210518-KCM-Share.jpg410750KCM Crewhttps://assets.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngKCM Crew2021-05-18 06:30:502021-05-17 15:53:40Americans See Real Estate as a Better Investment Than Stocks or Gold
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If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again.
Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates.
8Buying a home now means you’ll spend less in the long run. Contact a local real estate professional to put your plans in motion before home prices and mortgage rates climb even higher.
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At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year.
https://files.keepingcurrentmatters.com/wp-content/uploads/2021/04/22163528/20210426-KCM-Share.jpg410750KCM Crewhttps://assets.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngKCM Crew2021-04-26 06:30:272021-04-23 11:59:004 Tips to Maximize the Sale of Your House
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In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional.
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There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape.
Here’s a little clarity when it comes to 5 common myths about the 2021 housing market.
With these busted myths in hand, be sure to also work with a trusted real estate advisor so you can decipher local facts from fiction along the way.
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