Article by: Simplifying the Market™Originally Published: November 16, 2018, 11:00 am 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%), the choice becomes obvious. […]
Wage Increases Make Home Buying More Affordable
Article by: Simplifying the Market™Originally Published: November 15, 2018, 11:00 amEveryone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages. How much a family earns obviously impacts how easy or difficult it is for them to afford to […]
Home Sellers in Q3 Netted $61K at Resale
Article by: Simplifying the Market™Originally Published: November 14, 2018, 11:00 amAccording to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232. This is the highest average price gain since the second quarter of 2007 […]
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