Article by: Simplifying the Market™Originally Published: August 20, 2018, 10:00 amEvery 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, covering 2013-2016 was recently released. The study revealed that the median net worth of a homeowner was $231,400 […]
The Wave of Millennial Homebuyers Continues to Swell
Article by: Simplifying the Market™Originally Published: August 8, 2018, 10:00 amMany have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) […]
Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!
Article by: Simplifying the Market™Originally Published: August 6, 2018, 10:00 amIn a CNBC article, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off.” Bach suggests that homebuyers should, “Take out a 30-year mortgage, but with the […]
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