Article by: Simplifying the Market™Originally Published: June 8, 2018, 10:00 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 (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), the choice becomes obvious. […]
Why Home Prices Are Increasing
Article by: Simplifying the Market™Originally Published: April 30, 2018, 10:00 amThere are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational […]
Buying a Home Is Cheaper Than Renting in the Majority of the US
Article by: Simplifying the Market™Originally Published: April 23, 2018, 10:00 amThe results of the 2018 Rental Affordability Report from ATTOM show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S. counties analyzed for the report. The updated numbers show that renting a three-bedroom property in the United States requires an […]
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