Don’t Get Caught In The Renter’s TrapThere are many benefits to homeownership. One of the top ones is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage.
The National Association of Realtors (NAR) released their findings of a study in which they studied“income growth, housing costs and changes in the share of renter and owner-occupied households over the past five years in metropolitan statistical areas throughout the US.” Don’t Become TrappedThe study revealed that over the last five years a typical rent rose 15% while the income of renters grew by only 11%. If you are … (0 comments)
spanish fort homes for sale: The REAL Reasons Americans Buy a Home
- 09/01/15 01:15 AM
The REAL Reasons Americans Buy a HomeWe often talk about the financial reasons why buying a home makes sense. But often, the emotional reasons are the more powerful, or compelling reasons. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. The top 4 reasons to own a home cited by respondents were not financial.
1. It means having a good place to raise children & provide them with a good educationFrom the best neighborhoods to the best school districts, even those without children at the time of purchasing their … (1 comments)
spanish fort homes for sale: 64.2% of Millennials Put Down Less than 20%
- 08/21/15 12:50 AM
64.2% of Millennials Put Down Less than 20% Digital Risk recently polled Millennials about the housing market. Among their findings was the fact that nearly two-thirds of the generation who have recently purchased a home, have done so with less than 20% down; with 36% putting down less than 5%! Here is a graph detailing the results: This means that more and more American’s between the ages of 18 and 34 stopped paying their landlord’s mortgage and started building their own family’s wealth. Millennials aren’t the only ones taking advantage of lower down payments.The Federal Reserve Bank of New York found that if the down payment required to purchase a home … (1 comments)
spanish fort homes for sale: When is it a Good Time to Rent? Definitely NOT Now!
- 08/20/15 02:34 AM
When is it a Good Time to Rent? Definitely NOTNow! People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau just released their second quarter median rent numbers. Here is a graph showing rent increases from 1988 until today: At the same time, a report by Axiometrics revealed: “The national apartment market’s annual effective rent growth rate of 5.1% in June 2015 represented a 47-month high, and continued a streak of 5.0%-plus … (1 comments)
spanish fort homes for sale: Ewingrealestategroup.com Presents: 7263 Highpointe Place East
- 08/18/15 01:10 AM
7263 Highpointe Place East, Spanish Fort, AL Get Directions Click Here Description Photos Maps & Local Schools Print Brochure $ Click for current price 4 BEDROOMS | 2193 SQUARE FEET WOW! 5K price reduction! Well maintained 4b/2b home under 225K in Spanish Fort District! Brand new inside AC/Heating system! This spacious home has open floor plan with separate formal dining AND breakfast room, large greatroom with gas fireplace. Huge private master suite boasts walk in closet, separate dual vanities, garden tub and oversize shower. spacious sunroom off living and fully fenced back yard. Storage galore. New hot water h Follow This … (3 comments)
spanish fort homes for sale: Ewingrealestategroup.com Presents: 31581 Heidelbrook Loop
- 08/07/15 01:15 AM
31581 Heidelbrook Loop, Spanish Fort, AL Just Listed Description Photos Maps & Local Schools Print Brochure $ Click for current price3 BEDROOMS | 2 (2 full ) BATHROOMS | 2052 SQUARE FEET Follow This Home! What is Your Home Worth? Search All Homes For Sale Homes Close to Where You Work Avoid Foreclosure Presented By: Showing Agent: Hank Ewing Bellator Real Estate & Development 251-689-9765 Schedule a Showing/Request Info Property Description Great buy in Spanish Fort schools. 3bedroom/2bathroom with nearly 2100 sq/ft. Backyard is exceptional- large, level and no rear neighbors with pear trees and blueberries. New 10x16 storage shed. … (1 comments)
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