by Chuck Norsch | Apr 14, 2021 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy
A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the...
by Chuck Norsch | Apr 14, 2021 | For Buyers, For Sellers
Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist at realtor.com, shares: “The very nature...
![Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]](https://secureservercdn.net/198.71.233.214/668.73c.myftpupload.com/wp-content/uploads/2021/04/20210409-KCM-Share-549x300-1.png?time=1618520012)
by Chuck Norsch | Apr 14, 2021 | Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Housing Market Updates, Infographics, Millennials, Move-Up Buyers, Senior Market
Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that include a combined homebuying...
by Chuck Norsch | Apr 14, 2021 | First Time Home Buyers, For Buyers, Rent vs. Buy
A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: 88% – a...
by Chuck Norsch | Mar 17, 2021 | For Buyers, For Sellers, New Construction
Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Then came the announcement on March 11,...
by Chuck Norsch | Mar 16, 2021 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates
There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has...
