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. […]
Renters Under 50 Want to Buy a Home!
Article by: Simplifying the Market™Originally Published: May 16, 2018, 10:00 amEvery year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing. One of the many questions asked in the housing section […]
Homeownership: “A Man Is Not a Complete Man, Unless He Owns a House”
Article by: Simplifying the Market™Originally Published: May 14, 2018, 10:00 amThe famous quote by Walt Whitman, “A man is not a whole and complete man, unless he owns a house and the ground it stands on,” can be used to describe homeownership in America today. The Census revealed that the percentage of homeowners in America has been steadily […]
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