homeownership: Homeownership Is a Good Financial Investment - Scottsdale Real estate - 06/16/17 11:49 AM
According to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 33.1%.” The report may have some people thinking about buying a home instead of signing another lease extension, but does that make sense from a financial perspective?
Ralph McLaughlin, Trulia’s Chief Economist explains:
“Owning a home is one of the most common ways households build long-term wealth, as it acts like a forced savings account. Instead of paying your landlord, you can pay yourself in the long run through paying down a mortgage on a house.”
The article listed five reasons why owning a home makes … (0 comments)

homeownership: Homeownership: Old Millennials Are Taking The Plunge - 08/22/16 06:00 AM
Homeownership
 
 
 
 
 
Highlights of Graphic
Old Millennials’ are defined as 25-36 year olds according to the US Census Bureau.According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old.More and more ‘Old Millennials’ are realizing that homeownership is within their reach now!
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Rent-Buy: You Are Still Paying a Mortgage
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