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Don’t Get Caught in the Rental Trap in 2019

Posted by Monica Foster On December 12, 2018 In General Information

Every year around this time, we take time to reflect and plan for next year. If you are renting your current home but have dreams of homeownership, your plan for the new year may include buying, and you wouldn’t be [...] Read More

Monica Foster December 12, 2018

Homeowners Aged 65+ Have 48x More Net Worth Than Renters

Posted by Monica Foster On December 4, 2018 In General Information

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 [...] Read More

Monica Foster December 4, 2018

4 Reasons to Buy A Home This Winter!

Posted by Monica Foster On December 3, 2018 In General Information

Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts [...] Read More

Monica Foster December 3, 2018

Posted by Monica Foster On November 16, 2018 In General Information

Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.4%) vs. the percentage needed to buy a median-priced home (17.5%), [...] Read More

Monica Foster November 16, 2018

75% of Renters Have Been Misinformed

Posted by Monica Foster On November 8, 2018 In General Information

Recently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t [...] Read More

Monica Foster November 8, 2018

Are You Spending TOO Much on Rent?

Posted by Monica Foster On October 30, 2018 In General Information

Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or [...] Read More

Monica Foster October 30, 2018

Housing Is Still Affordable in the United States!

Posted by Monica Foster On October 23, 2018 In General Information

Lately, there have been many headlines circulating about whether or not there is an “affordability issue forming in the housing market.” If you are considering selling your current house and moving up to the home of your dreams, but are [...] Read More

Monica Foster October 23, 2018

The True Cost of NOT Owning Your Home

Posted by Monica Foster On October 8, 2018 In General Information

Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence. [...] Read More

Monica Foster October 8, 2018

Posted by Monica Foster On October 5, 2018 In General Information

Some Highlights: According to a study by GOBankingRates, it is cheaper to buy a home than rent in 38 states across the country. In six states the difference between buying & renting would account for less than a $50 monthly [...] Read More

Monica Foster October 5, 2018

Homeownership is a Dominant Gene

Posted by Monica Foster On September 5, 2018 In General Information

There are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents. Children are More Likely to Own a Home if [...] Read More

Monica Foster September 5, 2018

Archives

Don’t Get Caught in the Rental Trap in 2019

Homeowners Aged 65+ Have 48x More Net Worth Than Renters

4 Reasons to Buy A Home This Winter!

75% of Renters Have Been Misinformed

Are You Spending TOO Much on Rent?

Housing Is Still Affordable in the United States!

The True Cost of NOT Owning Your Home

Homeownership is a Dominant Gene

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