This article holds good news for homeowners and potential buyers.
Don Hess
KW Elite Keller Williams Realty 1280 Plaza Blvd. Lancaster, PA 17601 717-553-2500 Office 717-715-6288 Mobile 717-786-7967 Direct donhess39@gmail.com
× It looks like you are using an ad blocker in your browser.This may cause challenges with your Personalized Posts, and prevent the share buttons from appearing with each post. We recommend whitelisting the KCM website or changing your settings to prevent any potential issues. Where Lancaster Values are Headed over the Next Few Years? There are many questions about where home prices … (1 comments)
Of course we Realtors want you to buy a home, but the reasons to buy as stated in this article are hard to argue with.
Don Hess KW Elite Keller Williams Realty 1280 Plaza Blvd. Lancaster, PA 17601 717-553-2500 Office 717-715-6288 Mobile 717-786-7967 Direct donhess39@gmail.com Financial Planning: 4 Reasons to Buy a House Today Homeownership will always be a part of the American Dream. There are advantages to owning your own home (educational, health, social) that far transcend any economic impact. However, we want to look at several of the financial advantages of homeownership in today’s post. 1. Buying is Cheaper Than Renting The results of the latest Rent vs. Buy … (3 comments)
Why have people become less mobile in our country? Check out the article that I've attached below.
Don Hess Keller Williams Realty of Central PA East 930 Red Rose Court Lancaster, PA 17601 717 553-2500 office 717 715-6288 mobile 717 786-7967 direct donhess39@gmail.com How Long Do Families Stay in a Home? The National Association of Realtors (NAR) keeps historic data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost nine years – … (2 comments)
Some interesting statistics that my colleague found concerning home ownership trends.
If you're considering buying a home, it is a complex process. I can help you through it. Contact me, it's well worth the time as it's an investment in your future.
Don Hess Keller Williams Realty of Central PA East 930 Red Rose Court Lancaster, PA 17601 717 553-2500 office 717 715-6288 mobile 717 786-7967 direct donhess39@gmail.com Percentage of Homeownership by Decade and by State There has been a lot of talk about the falling homeownership rate in the United States. In December 2004, the homeownership rate reached an all-time high of 69.4%, while the current rate is 62.9%. … (2 comments)
Don Hess Keller Williams Realty of Central PA East 930 Red Rose Court Lancaster, PA 17601 717 553-2500 office 717 715-6288 mobile 717 786-7967 direct donhess39@gmail.com 76% Of US Homeowners Now Have at Least 20% Equity in Their Homes! CoreLogic’s latest Equity Report revealed that 91.1% of all mortgaged properties are now in a positive equity situation, while 75.9% now have significant equity (defined as more than 20%)! The report also revealed that 548,000 households regained equity in the second quarter of 2016 and are no longer under water. Price Appreciation = Good News for Homeowners Frank Nothaft, CoreLogic’s Chief Economist, explains: “Home-value gains have played a large part in restoring home … (1 comments)
Don Hess Keller Williams Realty of Central PA East 930 Red Rose Court Lancaster, PA 17601 717 553-2500 office 717 715-6288 mobile 717 786-7967 direct donhess39@gmail.com Slaying Myths About Home Buying [INFOGRAPHIC] Some Highlights: Interest Rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! Credit score requirements to be approved for a mortgage continue to fall. Your first step is to obtain Mortgage Pre- Approval ! Email mikeperrykw@gmail.com to start this FREE process ! Michael J. Perry KELLER WILLIAMS of Central PA
930 Red Rose Ct.#102, Lancaster, PA … (1 comments)
Don Hess Keller Williams Realty of Central PA East 930 Red Rose Court Lancaster, PA 17601 717 553-2500 office 717 715-6288 mobile 717 786-7967 direct donhess39@gmail.com A Homeowner’s Net Worth is 45x Greater Than a Renter’s! Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). In a Forbes article, the National Association of Realtors’ (NAR) Chief Economist Lawrence Yun predicts that in 2016 the net worth gap will widen even further to 45 times greater. The graph below demonstrates … (1 comments)
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