by Chuck Norsch | Nov 8, 2018 | Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy
Recently, 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...
by Chuck Norsch | Oct 30, 2018 | Down Payments, First Time Home Buyers, For Buyers, Rent vs. Buy
Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the...
by Chuck Norsch | Oct 23, 2018 | Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy
Lately, there have been many headlines circulating about whether or not there is an “affordability issue forming in the housing market.” If you are considering selling your current house and moving up to the home of your dreams, but are unsure whether or not to...
by Chuck Norsch | Oct 8, 2018 | First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence. Realtor.com reported that: “Buying remains...
by Chuck Norsch | Oct 5, 2018 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy
Some Highlights: According to a study by GOBankingRates, it is cheaper to buy a home than rent in 38 states across the country. In six states the difference between buying & renting would account for less than a $50 monthly difference, leaving the choice up to...
by Chuck Norsch | Sep 5, 2018 | First Time Home Buyers, For Buyers, Millennials, Rent vs. Buy
There are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents. Children are More Likely to Own a Home if Their Parents Did According to an analysis of...
