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. […]
75% of Renters Have Been Misinformed
Article by: Simplifying the Market™Originally Published: November 8, 2018, 11:00 amRecently, 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 partake in a major part […]
2 Myths Holding Back Home Buyers
Article by: Simplifying the Market™ Originally Published: November 5, 2018, 11:00 am Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that, “Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters cited saving for […]
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