homeowner: Current Housing Market Favors Homeownership - 06/14/16 01:45 AM

According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, homeownership is a better way to produce greater wealth, on average, than renting. The results from the first quarter index showed that "16 of the 23 metropolitan markets investigated moved in the direction of buy territory." The BH&J Index is a quarterly report that attempts to answer the question:
Is it better to rent or buy a home in today's housing market?"The U.S. housing market, when considered as a whole, has swung marginally more in favor of home ownership over renting a comparable property and investing monthly rent savings … (0 comments)

homeowner: Net Worth: A Homeowner’s is 36x Greater Than A Renter! - 02/12/15 08:23 AM

Over the last six years, homeownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build wealth. Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups.
Some of the findings revealed in their report: § The average American family has a net worth of $81,200
§ Of that net worth, 61.4% ($49,856) of it is in home equity
§ A homeowner’s net worth is over 36 times greater than … (0 comments)

homeowner: Safety Tips for Hosting Holiday Parties at Home - 12/15/11 02:09 AM
If you plan on hosting a holiday party, especially one that has a fairly large guest list there are a few things you need to be aware of and remember.
This time of year, slip and fall claims tend to become more common, as snow and ice make exterior pathways slippery and melted remnants sneak indoors to create slick floors. Large parties increase the risk valuable household items possibly being damaged or stolen. Serving alcohol at a party comes with its own set of responsibilities for a host, and when food is served proper safety precautions must be followed.
 
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homeowner: Top 10 Landlord Errors to Avoid - 12/02/11 01:05 AM
Some very common mistakes are made by landlords everywhere. This is the top 10 common mistakes that you should avoid. These simple tips will also help you to be a better landlord. No matter how bad the rental market becomes, always remember, NO tenant is better than a BAD tenant"! Failure to check the tenant's ID! You know something is wrong when the rent for the second month is a challenge to collect. There was a perfect example of this: The tenant paid the 1st month's rent and the 2nd was hard to collect. After a few months the landlord learned … (1 comments)

 
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